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The borrower is not required to sign the Supplemental Consumer Information Form. Brokers are not required to provide the Supplemental Consumer Information Form with their submission.
Fannie Mae was acquired by the Housing and Home Finance Agency from the Federal Loan Agency as a constituent unit in 1950.
For HomeReady purchase transactions, if ALL occupying borrowers are first-time homebuyers, then at least one borrower must complete a homeownership education course from a qualified provider*, regardless of LTV. Fannie Mae HomeView can be used to satisfy the homeownership education requirements.
The purpose of the Supplemental Consumer Information Form (SCIF) is to collect information on homeownership education and housing counseling and/or language preference to help lenders better understand the needs of borrowers during the home buying process.
HomeView is not Hud-approved because HUD does not approve homeownership courses, but rather approves housing counseling agencies and certifies housing counselors. HomeView aligns with National Industry Standards for pre-purchase homeownership education.
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People also ask

HUD is a government agency whos mission is to ensure that all individuals have access to quality housing in America. Fannie Mae is a Government Sponsored Enterprise (GSE), not a government agency, that has its finances overseen in a conservatorship by the US Government.
HomeView features and benefits Aligns with National Industry Standards for pre-purchase homeownership education. Accessible from desktop, tablet, or mobile device.
Form 1103 is the Supplemental Consumer Information Form (SCIF) that must be included in the Mortgage file for new conventional Mortgages sold to Freddie Mac.

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