FNMA Selling Guide B3-2-02 — DU Validation Service
FNMA Selling Guide B3-2-02 governs lender use of the Desktop Underwriter (DU) validation service for income, employment, and asset validation. Two foundational rules: the service is OPTIONAL (lenders not required to participate) AND lenders may NOT compel borrowers to participate. The borrower-no-compulsion rule prevents DU validation from becoming a de facto borrower mandate.
Verbatim regulatory text
Verbatim provisions from FNMA Selling Guide B3-2-02 — DU Validation Service — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FNMA Selling Guide B3-2-02 — Lender may not require borrower to participate in DU validation service
may not require a borrower to participate in the DU validation service.
FNMA Selling Guide B3-2-02 — Asset verification report 12-month minimum for income/employment validation
the lender must order an asset verification report with a minimum of 12
Operationalizing FNMA Selling Guide B3-2-02 — DU Validation Service
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
Source of record: https://claudeforcompliance.com/regs/fnma-sel-b3-2-02/
· register fnma-sel-b3-2-02 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.