Fannie Mae chooses AllRegs as exclusive provider of multifamily guidesmortgagepress.com AllRegs, Multifamily Guides, delegated underwriting service, negotiated transactions guides
Fannie Mae has selected AllRegs, publisher of searchable
guidelines for residential mortgage lenders, to be the exclusive
provider of its Multifamily Guides. The Delegated Underwriting and
Servicing (DUS) and Negotiated Transactions Guides are no longer
available on paper. Lenders can now obtain the guides from AllRegs
on CD-ROM for use in either a Windows environment or a browser
version for corporate intranets. The guides will also be available
online from AllRegs in the coming months.
"We are pleased that our Multifamily Guides will be available
from AllRegs, because the AllRegs technology provides many benefits
for our lenders and other industry partners," said Lou Hoyes,
Fannie Mae's Senior Vice President of Multifamily Lending and
Investment. "AllRegs provides the high-speed search and retrieval
capabilities Fannie Mae customers need. AllRegs also has a plan to
offer its services over the Internet, which is right in line with
Fannie Mae's E-commerce business objectives."
First introduced in 1989, AllRegs is used in more than 7,000
locations and by more than 90% of the top 100 lenders.