Validate Borrower Assets, Income, and Employment using a single VOA report

In the latest "Stewart in the Studio" episode, Craig Leabig discusses Fannie Mae's recent announcement about single-source validation. This announcement is revolutionary for Desktop Underwriter leaders who can now verify income and employment using asset data. This move is significant because it aligns Fannie Mae with Freddie Mac's existing program, which may lead to rep and warrant relief. Craig highlights the potential cost savings and operational efficiency benefits for lenders, as well as the challenges they face in the verification process, such as operational complexity, quality assurance, and rising costs

Click the thumbnail to listen to the interview.