On Monday November 25th, 2024, we will officially launch an exciting enhancement to the FNMA SEI 1084 template! LoanBeam Income will integrate directly with Fannie Mae’s Self-Employed Income Calculator, allowing you to seamlessly communicate borrower income data for representations and warranties (R&W) assessment.

What’s New

Workbook Enhancements: The FNMA SEI 1084 workbook will be available with new fields and attestations to meet Fannie Mae’s income assessment requirements. Release notes will be available on November 22 with full details.

New Resubmission Process: A revised resubmission process will be in place to ensure attestations and income data are communicated directly to Fannie Mae.

What Remains the Same

Document Submission Process: The submission process will be unchanged, whether you're using an LOS integration or uploading through the LoanBeam Dashboard. We’ll continue automatically extracting the necessary data for Fannie Mae’s assessment.

No Additional Costs: Rest assured; this enhancement does not increase your per-application cost. Pricing remains the same before and after the integration.

Action Required:
To start using this new integration, you’ll need to complete an amendment with Fannie Mae. Please email  [email protected]  to request an agreement be sent to the correct point of contact.