Trended Data is Coming!

Fannie Mae has announced that it will implement Desktop Underwriter® (DU®) Version 10.0 starting September 24, 2016, which will require lenders to use tri-merge reports containing trended data from Equifax and TransUnion. Trended credit data will enhance the static snapshot of a consumer’s credit balances with up to 24 months of historical data, such as payment and balance. This new industry standard will provide mortgage lenders with access to additional insightful data, helping you more accurately assess risk through more advanced analytics.

Below is a link to the DU website with more information:

And FAQs

The new implementation of trended data with Equifax and TransUnion will result in an increase in fees to accommodate for the new score models required by Fannie Mae. Changes in fees will be expected beginning August. We will email notifications closer to that date. If you have any questions at all, please feel free to contact us.


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