More Upcoming Changes to Underwriting

Fannie Mae issued Announcement 09-19 amending some very basic underwriting guidelines that will not only impact conventional financing; it will apply to FHA insured loans that are underwriting using Fannie Mae's DU.   You can read the entire announcement by clicking  here. Here are some of the changes: Credit documents will be valid for 90 days instead of [...] Now that you've read the post, it's time to head over to Rain City Guide and leave your thoughts on: More Upcoming Changes to Underwriting