Fannie Mae announced that #lenders using its Desktop Underwriter and Collateral Underwriter tools will be shielded from buyback risk from the GSE under certain conditions. Fannie Mae’s “Day 1 Certainty” program helps #lenders address risk up front in underwriting and property appraisal and inspection so that they can lend with confidence, Timothy Mayopoulos, president and CEO of Fannie Mae, said at the #mortgage Bankers Association conference today. http://www.housingwire.com/articles/38356-fannie-mae-announce-sweeping-program-for-lender-freedom-from-penalties ❤️ #share #mortgage
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