Several Fannie Mae customers who use Desktop Underwriter (DU) have recently reported the receipt of fraudulent invoices, said an alert from Fannie Mae. Fannie Mae is a CUNA Strategic Services provider.
The invoices purport to come from "FMFM Agency" or "Fannie Mae/Freddie Mac Regulatory Agency." The fake invoices bill the recipient for "DO/LP Agency Access Fees" and "Correspondent Agency Lender Access Fees." Those are not Fannie Mae-generated invoices and are likely fraudulent, Fannie said.
In some cases, to attempt to appear more legitimate, the invoice included names of aggregators with which the customer also may be doing business.
Fannie Mae reminds credit unions that it does not mail invoices for DU or Desktop Originator (DO) usage. All Fannie Mae technology invoices are available through its Online Billing Service.
Fannie Mae asks that credit unions inform their accounts payable areas of the situation in case they receive this type of invoice in the mail.
If a credit union has received an invoice that appears to be fraudulent, it should contact its Fannie Mae account manager directly and provide a copy of the invoice.
Source: CUNA News Now, September 24, 2012