The Desktop Underwriter income documentation option of obtaining a Verbal VOE as the only verification of income will be eliminated with the DU update to DU 7.1 scheduled for next weekend (12/13 - 12/14).
Alethes will update all outstanding approvals as to the final date we will accept those DU findings with only a Verbal VOE as we get this information from our investors.
It is possible that resubmissions after DU's update to 7.1 will continue to give out the option for only a Verbal VOE. This will not be acceptable except as outlined in a future announcement.
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