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Automated Underwriting System: AUS
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Both Fannie Mae and Freddie Mac have their own Automated Underwriting System. Fannie Mae's Automated Underwriting System is called Desktop Underwriter and is referred to as DU. Most mortgage lenders will not start processing and underwriting a mortgage loan application unless it got an automated approval by either Fannie Mae's or Freddie Mac's Automated Underwriting System. Freddie Mac's version of their Automated Underwriting System is called the Loan Prospector and is referred as LP. Fannie Mae's automated underwriting system results is referred to as DU FINDINGS and Freddie Mac's automated underwriting system results is referred to as LP FINDINGS.

 
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