Fannie Mae issued an update to Lender Letter LL-2021-10 to align requirements for waiver of project review with Selling Guide policy related to the RefiNow Option. These clarifications are effective immediately and apply to manually underwritten loans and DU Version 12.1 loan casefiles.
Click to view the Fannie Mae Update to Lender Letter LL 2021-10: https://www.tenaco.com/wp-content/uploads/2026/08/Fannie-Mae-Update-to-Lender-Letter-LL-2021-10-08-26-26.pdf
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