Servicing Guide

Published September 9, 2020

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SMDU™ UI MI Termination Servicer User Guide May 2020 – Evaluation Response: Printing/Saving the Evaluation and Using the Clipboard

Evaluation Response: Printing/Saving the Evaluation and Using the Clipboard

 

Pages available for printing will have a Print  and/or Clipboard  icon located specifically on that page. For processes that require printed and/or saved documentation of MI Termination Decision Results follow the steps below:

1. Click Printer icon .

    NOTE: The printer icon will only appear after an evaluation has occurred. 

    NOTE: The clipboard only provides some of the high-level information.   

2. Follow servicer practices for keeping applicable documentation. The results for the SMDU evaluation is printed in one document.  Also, any servicer update(s) to data will be included in the “Servicer Updates” section of the document (as shown in the blue box in the example below).

If SMDU determines the loan is Ineligible for MI Termination based on Original Value (as shown in the example below) and the borrower wants to proceed with ordering a valuation (BPO or Appraisal), the servicer should proceed to the Order Valuation section of this guide for more information.

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If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.

Guide Resources

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Visit Selling and Servicing Guide Communications and Forms

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