Fannie Mae has announced the implementation of enhancements to its Desktop Underwriter (DU) Version 10.0 aimed at providing more simplicity and certainty to lenders.
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Fannie Mae Follows Freddie Mac’s Lead and Offers Underwriter Tools for Free
Earlier this month, Freddie Mac announced that it would offer its Loan Prospector underwriter system free of charge as of June 1, 2015. Today, Fannie Mae matched Freddie Mac’s offer and announced that it will eliminate fees on its Desktop Underwriter automated underwriting system and Desktop Originator tool.
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