Fannie Mae: New Servicing APIs; SMDU Enhancements; and More
Check out the redesigned Developer Portal and new servicing APIs
The redesigned Fannie Mae Developer Portal provides quick and easy access to our suite of API products, including this month’s new APIs: Loan-Level Draft Notifications, which returns draft notifications data for servicers from five existing Fannie Mae Connect™ reports, and Technology Services Invoices, which automates the manual process performed to ingest, reconcile, and look up amounts on open invoices. Visit developer.fanniemae.com to view the portal, browse APIs, and find out how to get started.
Enhancements to SMDU coming this weekend
This weekend, we will implement enhancements to Servicing Management Default Underwriter™ (SMDU™). During implementation, SMDU will be unavailable to process transactions, from Friday, Oct. 26 at 10 p.m. ET through Saturday, Oct. 27 at 5 p.m. ET. For more information, please refer to the release notes or contact your Fannie Mae Servicing Account Manager.
Updated Fraud Alert: Misrepresentation of Borrower Employment
We have made further updates to the Fannie Mae fraud alert, “Misrepresentation of Borrower Employment,” originally posted on May 24, which identified apparently fictitious employers being used on loan applications in Southern California. We have added five more apparently non-existent employers. View the updated fraud alert and other resources on our Mortgage Fraud Prevention page.
Join us at these upcoming events:
Oct. 28-31 | 24th Annual CUNA Lending Council Conference | Anaheim, CA
Nov. 2-5 | NAR Annual Conference | Boston
Nov. 5-7 | NAFCU Lending Conference | St. Petersburg, FL
View more events.
Recent Tweets
In September’s #Multifamily Commentary, we’re debunking myths about the multifamily housing market! https://bit.ly/2SflKrZ
Oct. 24
In underserved communities, we believe the prescription for a healthy lifestyle includes affordable housing. Submit your big ideas to the #FannieMaeChallenge today and tell us how you’re creating healthier, more affordable homes. http://bit.ly/2yWJ9Wk
Oct. 23