Yesterday, FNMA SEL-2018-09 announced the following:
“. . . we have updated the Uniform Underwriting and Transmittal Summary (Form 1008). We worked jointly with Freddie Mac to update this form. As a reminder, it is only required for manually underwritten loans. Lenders can begin using the updated form immediately, but must do so by July 1, 2019.”
We are currently reviewing this change to determine any impact to our document library and/or systems and evaluating any necessary changes. Any modifications we make will be announced on our website (https://compliance.docutech.com/).