FNMA Selling Guide B3-2-02 — DU Validation Service

fnma-sel-b3-2-02

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.

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Verbatim regulatory text (2)

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.

Source: FNMA Selling Guide B3-2-02 — DU Validation Service · source URL · snapshot 5f7b8b79da595d76

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 months of data from an authorized vendor.

Source: FNMA Selling Guide B3-2-02 — DU Validation Service — Asset Verification Reports · source URL · snapshot 5f7b8b79da595d76

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.

To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.

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.