Are FNMA biweekly transactions supported?

FNMA biweekly payment frequency for in-house fixed/variable rate transactions or Freddie Mac fixed rate transactions has been requested. Until FNMA biweekly payment frequency is available, you can offer in-house transactions using the Every Other Week payment frequency.

Select ComplianceOne mortgage Supported Features of the ComplianceOne Feature Guide for the latest information about these types of transactions.

Note:

Fannie Mae does not purchase biweekly transactions. The only option for Fannie Mae transactions is monthly.