Notice dated 10/24/16. I suspected that this was where Fannie was going with UAD and CU.
Refis only.. for now. $75 to waive the appraisal requirement.
Fannie has been testing it for quite awhile with some lenders. You may see this referred to as “Day 1 Certainty”, the name Fannie has chosen. They are also waiving reps and warranties (buy backs) so it will be very popular.