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Fannie Mae 3401 Freddie DQC058 CRIT0049 At least one Projected Payment Period is required.
Resolve for Fannie 3401 Freddie DQC058 CRIT0049:
- At least one Projected Payment Sequence Number must be equal to 1.
- At least one projected payment period is required.
1. Open the loan file in Point.
2. From the Borrower Information screen scroll to the Loan Summary section.
3. Complete the Term/Due fields.
4. Navigate to Forms > Closing Disclosure > Pg. 1.
5. Scroll to the Projected Payments section.
6. The Payment Calculation filed(s) should no populate the Loan Term.