Fannie Mae And Freddie Mac Will Update Uniform Residential Loan Applications In November 2020 The Federal Housing Finance Agency announced three years ago that they were changing the Uniform Residential Loan Applications used by the lending industry. It will the first change in 20 years. The GSEs later dictated that lenders would be required to […]
Fannie Mae Releases The Top 40 Fake Employers Used On Fraudulent Loan Applications The number fraudulent mortgage applications submitted to lenders has skyrocketed. The fraud has moved beyond using exaggerated income. Fraudsters are now using fake employers. Thus, the number of fake employers has also skyrocketed. As a result, Fannie Mae has issued a warning to lenders because the […]
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