Fannie Mae DU Refi Plus Updates-SSN and Loan Address Data

On March 28, Fannie Mae released Servicing News: DU Refi Plus Updates: SSNs and Loan Address Data.

DU Refi Plus: SSNs and Loan Address Data Updates
Fannie Mae would like to remind servicers how to request corrections to Social Security numbers (SSNs) and loan addresses in order for new loan casefiles to be underwritten with DU Refi PlusTM. For those loan casefiles that are not able to be underwritten as DU Refi Plus due to an inaccurate SSN, lenders should send SSN correction requests to their Account Team with the DU® Casefile ID for the new refinance transaction, or contact the Customer Contact Center to submit the correction request. Loan address updates/corrections must be completed by the current servicer within the customer-facing servicing application Servicer's Reconciliation Facility (SURFTM) via a Loan Activity Report (LAR) transaction 82. View the Data Updates for DU document in the Resources section of the Home Affordable Refinance page on our website for more details, including the DU Refi Plus Reference File Database Update 2012 Schedule.

No Budget? No Problem
Fannie Mae has developed a full suite of Know Your OptionsTM marketing materials and customer communications that can be co-branded and used by mortgage servicers, housing counselors, real estate professionals, lenders, and other partners. Our Marketing Storefront  has dozens of professionally designed tools you can customize and download (at no charge), or have printed and shipped to you (there is a cost associated with this option).

About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees  and a handful of contractors performing services in the Midwest, to a national company with nearly 1,000 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.

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