Fannie Mae's
Loan Quality Initiative states:
Lenders must resolve any Social Security number issues that are identified by DU or Fannie Mae's Loan Delivery System, including invalid formats, numbers not issued, borrower age/issue date discrepancies, or Social Security numbers associated with deceased individuals. If a lender cannot resolve any inconsistencies:
The lender must validate the Social Security number with the Social Security Administration (SSA). Upon positive validation of the Social Security number with the SSA, the lender must deliver the loan with SFC162. If the Social Security number cannot be validated with the SSA, the loan is not eligible for delivery to Fannie Mae.
Data Facts offers Social Security Verification directly through the Social Security Administration!
Benefits of Social Security Verifications:
- Verifies the Social Security Number directly with the SSA
- Easy to read report
- Returns results showing if the Social Security Number matches the borrower
Click here to view/print Form SSA89
Ordering is easy!
Click here for a How To Guide
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