Today, September 14, 2012, Fannie Mae published Selling Guide announcement 2012-09, Updates to Refi Plus™ and DU Refi Plus™. The announcement includes a number of enhancements to the underwriting and documentation policies for Refi Plus (manual only) and DU Refi Plus mortgage loans. The topics include:
Investors should consult the announcement for specific details pertaining to the changes.
Investors may also contact our Fixed-Income Securities Helpline at 1-800-BEST-MBS (1-800-237-8627) if they have additional questions.
Originally published: 09/14/12