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- Selling Guide | Fannie Mae
Selling, Securitizing Delivering Part C describes the requirements associated with the two primary ways lenders transact business with Fannie Mae: selling whole loans for cash and pooling loans into Fannie Mae mortgage-backed securities (MBS), which includes Uniform Mortgage-Backed Securities (UMBS)
- Contractual Obligations for Sellers Servicers | Fannie Mae
After Fannie Mae approves a seller or servicer or seller servicer, both parties execute the Mortgage Selling and Servicing Contract (MSSC) and any other relevant agreements
- General Property Eligibility | Fannie Mae
This topic describes Fannie Mae’s property eligibility requirements The requirements are designed to address a wide range of property types with varying characteristics; however, there may be instances when the unique nature of a particular property may require special consideration
- Maintaining Seller Servicer Eligibility | Fannie Mae
Fannie Mae requires seller servicer to have a Business Continuity Plan This plan must include Business Continuity Procedures and Disaster Recovery Procedures, as defined in the Supplement
- Improvements Section of the Appraisal Report | Fannie Mae
Fannie Mae’s appraisal report forms are designed to meet the needs of several different user groups; consequently, the report forms address the remaining economic life for the property being appraised
- Selling Guide - Fannie Mae
Fannie Mae will allow the use of an origination appraisal for a subsequent transaction if the following requirements are met: The subsequent transaction may only be a limited cash-out refinance
- Selling Guide - Fannie Mae
The seller servicer must notify Fannie Mae if, after conducting due diligence, it determines that a breach of a selling warranty related to compliance with laws has likely occurred
- Selling Guide - Fannie Mae
The dollar amount of sales or financing concessions paid by the seller must be reported for the comparable sales if the information is reasonably available (see UAD Appendix D: Field–Specific Standardization Requirements, for data entry instructions)
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