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Fannie Mae Solutions

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Are you having issues with Fannie Mae returning loans due to consumer disputes on credit reports?

Changes in policy look for disputes on consumer reports in the automated underwriting process. In particular they are looking for the message consumer disputes this item, returning those loan requests. Fannie Mae has stated that they are not rejecting applications outright. Instead, they are "kicking applications back to lenders and requiring them to determine if consumers' disputes [are] valid." *

What are your options when this happens to your loans?

Even with good credit, a consumer dispute on a report can take up to 30 days or more to validate and remove from the credit report through the bureaus.

What can happen in 30 or more days?

  • You lose a locked loan rate
  • You lose time invested
  • You lose the entire loan

We have a solution! Sarma has exclusive** ability to work with you and the consumer to get disputes removed from the credit report within 48-72 hours. How much do you lose on loans due to this issue? $100? $500? Even more? Stop losing those loans and close them faster with Sarma. Want to learn more? Watch our two minute video with testimonial on how we have saved lenders and brokers loans with our exclusive process and service.

* This information is from the article "FANNIE MAE, FREDDIE MAC ADMIT TO SCANNING CREDIT REPORTS FOR DISPUTES" at Privacy Times on October 23, 2009
** Sarma is the only known credit reseller to have the needed relationships directly with the credit bureaus to handle issues in blazing fast timelines and real live person customer service that will knock your socks off.