Our Rent Roll Digitizer® product has been in beta since July, and we are now ready to make it available to the entire DUS® network. For the time being, we are only planning to digitize the rent roll data on refis and new acquisitions for qualified borrowers. We will work with you to identify which borrowers to onboard on a rolling basis as these loans close. As adoption ramps up, existing loans will also be onboarded.
Loan reporting is an area of opportunity for us to make an impact – and an area where we intend to lead the industry toward important changes. We’ve engaged with Borrowers, DUS® Lenders, managers, and relevant software vendors to create a rent roll digitization process that’s effective and efficient for all. We also leveraged CMISMO standards and our Technology and Innovation Subcommittee (TISC) lender partners to identify the most effective solutions to reporting obstacles and ensure a smooth transition.
For additional information, please review the Rent Roll Digitizer website or send an email to the Fannie Mae team at [email protected].
You can also review the following Fannie Mae resource:
As always, thank you for your partnership.
Vice President, Multifamily COO Product Management