A lender must satisfy a ten-business-day employment reverification condition before a June 30 note date. The only employment confirmation is dated June 2, outside that window, and no exception or validation relief applies. What additional check satisfies this condition?
Correct Answer
C) Obtain and document current employment confirmation within the required ten-business-day window using an acceptable method
C. Obtain a timely, acceptable confirmation of current employment. The old verification establishes employment at an earlier time but falls outside the stated window. A document being usable for another purpose does not automatically satisfy this separate condition. Scope and exceptions: Fannie Mae allows multiple reasonable, verifiable methods, with timing extensions, validation provisions and delivery-stage rules. This question expressly selects a pre-note ten-business-day condition; do not present it as the sole rule for every loan. Source: B3-3.1-04 (10/07/2026): Overview; DU Validation Service; Employment-Related Income — https://selling-guide.fanniemae.com/sel/b3-3.1-04/verbal-verification-employment
Why This Is the Correct Answer
C. Obtain a timely, acceptable confirmation of current employment. The old verification establishes employment at an earlier time but falls outside the stated window. A document being usable for another purpose does not automatically satisfy this separate condition. Scope and exceptions: Fannie Mae allows multiple reasonable, verifiable methods, with timing extensions, validation provisions and delivery-stage rules. This question expressly selects a pre-note ten-business-day condition; do not present it as the sole rule for every loan.
Why the Other Options Are Wrong
Option A: A second written verification, since the first is now more than 21 days old already
A universal 21-day expiration is not the condition given.
Option B: Nothing: a written verification is valid for 120 days from its date
General document age does not satisfy the required recent confirmation.
Option D: Accept any recent pay stub automatically without evaluating whether it satisfies reverification
The evidence must actually meet reverification requirements.
Exam Tip
Check the applicable timing and evidence, not the informal label “verbal VOE.”
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