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How will CU affect the real Estate Industry? How will CU affect the real Estate Industry? How will CU affect the real Estate Industry? How will CU affect the real Estate Industry? How will CU affect the real Estate Industry? How will CU affect the real Estate Industry? How will CU affect the real Estate Industry?

How will CU affect the real Estate Industry?

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How will CU affect the real Estate Industry?

December 29, 2014 by Bostedo Appraisal Services - the Pittsburgh Appraisers

First, what is “CU”? CU is the acronym for Fannie Mae’s new in-house tool for examining credit risk called ‘Collateral Underwriter’. Fannie Mae is rolling it out to Lenders and, indirectly, to their AMC partners in January 2015. Their objective is to distribute CU to support more proactive management of appraisal quality by empowering lenders to address potential appraisal issues prior to loan delivery.

Starting January 26, 2015, all lenders and lender agents will have full access to the program which includes the CU risk score along with the risk flags (more…)

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