Skip to content
BOL Conferences
Thread Options
#39915 - 10/31/02 04:42 PM Fannie Mae Quality Control audit
Anonymous
Unregistered

Where can I find a checklist to use when reviewing loan packages for proper documentation and FNMA compliance? Any help is greatly appreciated.

Return to Top
Audit
#39916 - 11/03/02 04:12 AM Re: Fannie Mae Quality Control audit
yoshi Offline
New Poster
yoshi
Joined: Sep 2002
Posts: 8
Omaha, NE
I believe Fannie Mae has quality control programs buried somewhere at the hud website. Last time we updated our quality control plan, let's just say it mirrored Fannie Mae's. If you're doing a Fannie Mae quality control audit, someone in your organization probably has contacts with the Mortgage Bankers Association where you can also get a wealth of information. I hope this helps.

Return to Top
#39917 - 11/19/02 10:04 PM Re: Fannie Mae Quality Control audit
Anonymous
Unregistered

If the department you are auditing is using Desktop Underwriting, go to www.e-fanniemae.com and follow their link to the single family dwelling guide. Chapter 6 lists the requirements for a quality assurance review. It also has all the criteria required for loans originated through DU. You will also need the most current Fannie Mae Selling Guide, which you should be able to borrow from the mortgage department. Hope this helps.

Return to Top

Moderator:  Andy_Z