Conventional Applicable Credit Warranties and Waivers Feedback Messages
The Conventional Applicable Credit Warranties and Waivers feedback messages will assist you in validating information transmitted to Loan Prospector. These messages appear on the Feedback Certificate in the Loan Processing Information section, Applicable Credit Warranties and Waivers subsection.
Updated: November 2011
Code
Conventional Applicable Credit Warranties and Waivers Feedback Messages
80
Credit warranty: Required to determine borrower's willingness to repay and an acceptable credit reputation is evidenced.
A5
Ratio Warranty: Not required to determine if the borrower's primary housing expense-to-income and total obligation-to-income ratios meet Freddie Mac Requirements.
A6
Ratio Warranty: Required to determine if the borrower's primary housing expense-to-income and total obligation-to-income ratios meet Freddie Mac Requirements.
D1
High Loan Quality: Maximum total debt-to-income ratio is not required.
D2
Credit Warranty: Not required to determine the borrower's willingness to repay or an acceptable credit reputation is evidenced.
