Fannie Mae announced earlier this year that the Default Management Reporting System hosted by BKFS (DMRS) would be transitioning to the new Default Reporting Application (DRA) in mid-year 2022.

Thankfully, NetDirector has been hard at work preparing for this transition, and your firm can benefit from the work we’re doing via NetDirector integration. Our focus is on making this transition as painless as possible for default servicing firms.

Fannie has already stated all customers will be required to report to BOTH platforms for a period of testing prior to the official cutover. Get with NetDirector today to ensure that your firm has a comprehensive and totally compliant plan for the transition!