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When DU encounters possible non-applicant accounts on the credit report, DU will include the accounts in the credit risk assessment, and will issue a message in the DU Underwriting Findings report alerting the lender of the existence of the accounts. If the debts are on the loan application, DU will also include them in the DTI ratio. If the debts do not belong to the borrower, the lender may provide supporting documentation, remove the debts from the loan application, and resubmit the loan casefile to DU in order for the DTI to be updated to exclude the non-applicant debts.
Related Announcements
The table below provides references to Announcements and Release Notes that have been issued that are related to this topic.
| Announcements and Release Notes | Issue Date |
|---|---|
| Announcement SEL–2017–06 | July 25, 2017 |
| Announcement SEL–2012–07 | August 21, 2012 |
| DU Version 9.0 | July 24, 2012 |
| Announcement SEL–2011–04 | May 24, 2011 |
| Announcement SEL–2010–13 | September 20, 2010 |
| Announcement SEL–2010–11 | August 13, 2010 |
| Announcement SEL–2010–02 | March 2, 2010 |