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December 30th, 2009

RMG NEWS : Fannie Mae Updates 1009 Loan Application

by Reverse Mortgage Group

Fannie Mae (FNMA) has updated its reverse mortgage loan application (1009).
The GSE updated the 1009 to comply with the Federal Housing Finance Agency (FHFA), and the Federal Housing Administration (FHA) requests to capture additional data during the loan origination/application process and loan delivery.

According to FNMA, the document has been updated to support loan originator [...]