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Originating & Underwriting

Innovation starts here
Policy information for originators on the impact of COVID-19

Solutions that help meet tomorrow's mortgage needs today.

With industry leading mortgage technologies, we enable lenders to successfully originate and underwrite loans with speed and efficiency.  Our products are designed to:

  • Help grow your business and support your borrower’s needs
  • Deliver speedy and efficient underwriting recommendations intuitively aligned to your process and loan origination systems
  • Provide comprehensive credit risk assessment with fewer touchpoints and corresponding financial and operational impacts

Lenders also can receive freedom from certain representations and warranties and help reduce manual processes and cycle times through Day 1 Certainty®.

If you are not yet a Fannie Mae Seller, click here to learn more about the process to become one.

Stay Informed

Loan Limits to increase in 2021

Details on the 2021 general and high-cost area loan limits and updated resources are available on the loan limits page. The new loan limit for most of the country is $548,250, indicating a 7.42% increase over the 2020 limit.

Loan Quality

Fannie Mae partners with lenders to decrease risk. Together, our shared commitment increases the level of quality and risk oversight delivering certainty to lenders and Fannie Mae. Learn more

Streamline your refinance process

With mortgage rates near all-time lows, the demand for refinancing remains high despite the COVID-19 pandemic. Borrowers are attempting to take advantage of the low rates, while lenders grapple with the surge in refinance volumes and the backlog of mortgage loan applications.

Learn more about the solutions that can remove steps in the refinance process by leveraging appraisal flexibilities available for Fannie Mae-owned loans. 

GSE Validation and Approval of Credit Score Models

Fannie Mae and Freddie Mac (the GSEs) have published a Credit Score Solicitation to request applications from prospective credit score model developers for the “Validation and Approval of Credit Score Models.” Visit the Credit Score Models page to view the solicitation or  learn more about how Fannie Mae uses credit score models and credit scores.

Without Data Standards, the Mortgage Industry Doesn’t Go Digital

This white paper describes the importance of a foundation based on data standards as the mortgage industry moves to innovate and deliver the digital experience borrowers want.

LIBOR Transition

This webpage features information, updates, and resources, including FAQs, playbooks and timelines, to help you transition to alternative reference rates.

Selling Guide Communications and Forms

Access forms, announcements, lender letters, notices, and more to stay current on our selling policies.

Affordable Housing Initatives

Fannie Mae continues to help increase access to mortgage credit in all communities across the nation.  Learn more about our efforts to grow affordable  housing supply and support continuing the education about sustainable homeownership within the industry. Fannie Mae also provides multi-language resources for lenders

Uniform Mortgage Data Program

The Uniform Mortgage Data Program® (UMDP®) is an effort undertaken jointly by Fannie Mae and Freddie Mac at the direction of the Federal Housing Finance Agency to enhance data quality and standardization.

Simplify the Cycle

DU® Validation Service

Validate a borrower’s income, assets and employment to process more loans faster while giving a superior customer experience. Learn more.

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