Selling Guide Announcement (SEL-2026-06)

The Selling Guide has been updated to include changes to the following:

• Retirement of rural high-needs value acceptance: removing an overlap with Value Acceptance + Property Data
• Authorized user tradelines: clarifying no additional lender review is required for authorized user tradelines on DU approve/eligible loans
• Miscellaneous update:
  • Use of IRS Form 8821 as an alternative to IRS 4506-C

View the list of impacted topics.

Retirement of rural high-needs value acceptance

To eliminate redundancy between Value Acceptance + Property Data and rural high-needs value acceptance, we have retired rural-high needs value acceptance and removed all references to it from the Selling Guide. Desktop Underwriter® (DU®) loan casefiles created on or after June 27, 2026, will no longer receive the rural high-needs value acceptance offer, but may be eligible for Value Acceptance + Property Data.

The UAD 3.6 Policy Supplement has also been updated to reflect these changes.

Effective: This policy change is effective immediately.

Authorized user tradelines

We updated the Selling Guide to clarify the treatment of authorized user tradelines for loans that receive a DU Approve/Eligible recommendation. For these loans, lenders are not required to perform any additional investigation into the borrower's credit history unless instructed by DU.

Requirements for manually underwritten loans remain unchanged. Lenders must continue to follow existing Selling Guide requirements.

Effective: The authorized user tradeline message issued in DU will be updated to reflect this clarification for DU Version 12.1 loan casefiles submitted or resubmitted on or after the evening of June 26, 2026.

Miscellaneous update

B3-3.1-02, Tax Return and Transcript Documentation Requirements: We clarified IRS Form 8821 may be an acceptable alternative to IRS Form 4506-C to obtain tax transcripts required for the loan file and that the borrower must sign an authorization expressly permitting the lender to disclose such IRS-derived information to Fannie Mae when alternatives to IRS Form 4506-C are used.

Impacted Topics