Fannie Mae Selling Guide Updates SEL-2017-03

In response to requests from a number of our customers, we are clarifying that lenders may obtain a verification report for use with the Desktop Underwriter® (DU®) validation service directly from a “report supplier” that generates the report and sends the data electronically to DU, or from a “report distributor” that obtains the report from an authorized report supplier.

The term “vendor report” has been changed to “verification report” throughout the Guide. Furthermore, references to specific report suppliers have also been removed from the Selling Guide. The DU Validation Service Verification Report Vendors list provides a listing of authorized report suppliers and report distributors and is available on Fannie Mae’s

Source From: https://www.fanniemae.com/content/announcement/sel1703.pdf

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