Fannie 3508 3531 3532

Resolve for Fannie Mae 3508 3531 3532:

- For Origination Charges, Fee Actual Payment Amount is required for all fees.

- For Origination Charges, when Fee Actual Payment Amount is provided, Fee Payment Paid By Type is required.

- For Origination Charges, Fee Payment Paid By Type must be a valid enumeration.

 

1. Open Loan File in Point.

2. Navigate to Closing Costs Worksheet.

Fannie 3508a

3. Scroll down to section A. ORIGINATION CHARGES.

Fannie 3508b

4. Look for a Fee Type in the first column that is not accompanied by a Fee Amount in the 4th column.

Fannie 3508c

5. Enter the Fee Amount.

Fannie 3508d

6. Be sure the Paid By option is properly selected in the 5th column.

Fannie 3508e