We are a leading source of financing for mortgage lenders in the U.S. Access a list of servicing announcements, lender letters, notices, and related communications. Appraisers and report reviewers, Fannie Mae issued an update to their Selling Guide on 12/16/14. Have guide questions? We are a leading source of financing for mortgage lenders in the U.S. The Selling Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources. selling mortgages to Fannie Mae, or servicing mortgages for Fannie Mae. Archive - 2020 Archive - 2019 Archive - 2018 Archive - 2017 Newsroom toggle. M make whole payment The amount that a party responsible for a breach of a selling representation or warranty or a servicing breach must pay Fannie Mae so that Fannie Mae does not incur a loss on the mortgage or the property. It contains this pretty major change to … No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Welcome to the newly designed HomePath.com! However, now that it is closer to the implementation date, the applicable topic has been updated to remove the reference to pricing loans for co-borrowers without credit scores and refer to the LLPA Matrix in its place. Fannie Mae issued Selling Guide Announcement SEL-2019-07 (Announcement), setting forth updates to the Selling Guide. Selling Guide Fannie Mae Single Family. Multifamily Selling and Servicing Guide Effective as of June 1, 2020 No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. December 16, 2020 Announcement SVC-2020-08 – Servicing Guide … Below is the complete content from the announcement. If you have access to other Fannie Mae Multifamily applications, please use the same credentials to access the DUS Navigate by clicking on "Login" link located at the top right corner on https://mfguide.fanniemae.com. It includes the following subparts: General Information on Execution Options and Loan Delivery, Whole Loan Transactions, Mortgage-Backed Securities (MBS). Updated the Guide and related forms to facilitate Fannie Mae making a REMIC election when issuing a multifamily MBS. Multifamily Selling and Servicing Guide No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. Fannie Mae Single Family; Search. Having Issues with Seeing this Page Correctly? Fannie Mae serves the people who house America. This part 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). Fannie Mae Selling Guide Launch Page. Fannie Mae is fully operational and taking every step to help ensure a safe and sound housing market amid the Coronavirus (COVID-19) crisis. If you have additional questions, Fannie Mae customers can visit Ask Poli to get The Multifamily Selling and Servicing Guide has been simplified and rewritten. Multifamily Selling and Servicing Guide Effective as of December 14, 2020 No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. Libraries. Launch Agreement for Modification, Re-Amortization, or Extension of a Mortgage, Adverse Action Notification Certification, Mortgage Release Program Lease Option Referral Form, Mortgage Release Program Cancellation Form, Mortgage Release Program Transition Option Referral Form, Fannie Mae eNote Transfer of Control Request, Certificate of Authority, Incumbency, and Specimen Signatures, Reconciliation of ShortageSurplus (Excel), Reconciliation of Mortgage Portfolio (Excel), Reconciliation of Interest RatePass-Through Rate, Reconciliation of Interest RatePass-Through Rate (Excel), Seller's Designation of Wire Transfer Instructions, Principal and Interest (P&I) Custodial Account Analysis, Taxes and Insurance (T&I) Custodial Account Analysis, Reconciliation of Mortgage Portfolio - SS MBS & MRS, Request for Approval of Servicing or Subservicing Transfer, Home Affordable Modification Program Government Monitoring Data Form, Borrower Solicitation Letter (with Payment Deferral), Authorization for Verification of Credit and Business References, Uniform Residential Loan Application Interactive, Statement of Assets and Liabilities Interactive, Statement of Assets and Liabilities Interactive -- Spanish, Uniform Residential Loan Application Interactive -- Spanish, Market Conditions Addendum to the Appraisal Report, Uniform Underwriting and Transmittal Summary, Residential Loan Application for Reverse Mortgages, Residential Loan Application for Reverse Mortgages - Interactive, Special Lender Approval Form - Co-op Share Loans, Letter of Authorization for P&I Custodial Account, Letter of Authorization for T&I Custodial Account, Certificate of Completion of Pre-purchase Housing Counseling, Servicemembers Civil Release Act (SCRA) Disbursement Request Form, Small Residential Income Property Appraisal Report, Application for Project Acceptance--Type 2 Cooperatives, Project Eligibility Review Service Document Checklist, Post-Closing Loan File Document Checklist, HomeStyle Renovation Maximum Mortgage Worksheet, Rental Income Worksheet - Principal Residence, 2- to 4-unit Property, Rental Income Worksheet - Individual Rental Income from Investment Property(s) (up to 4 properties), Rental Income Worksheet - Individual Rental Income from Investment Property(s) (up to 10 properties), Rental Income Worksheet - Business Rental Income from Investment Property(s), Project Development Master Association Plan, Warranty of Condominium Project Legal Documents, Statement of Insurance and Fidelity Coverage, Authorization for Automatic Transfer of Funds, Individual Condominium Unit Appraisal Report, Analysis of Annual Income and Expenses-Operating Budget, Request for Cooperative Project Information, Exterior-Only Inspection Individual Condominium Unit Appraisal Report, Condominium Project Questionnaire - Full Form, Condominium Project Questionnaire - Full Form - Interactive, Condominium Project Questionnaire - Short Form, Condominium Project Questionnaire - Short Form - Interactive, Final Certification of Substantial Project Completion, Application for Approval of Established Project, Maintenance and Repair Work Authorization, Summary of IRS Form 1099-A and 1099-C Filing, One-Unit Residential Appraisal Field Review Report, Two- to Four-Unit Residential Appraisal Field Review Report, Annual Statement of Eligibility for Document Custodians, Application for Active Document Custodianship, Exterior-Only Inspection Residential Appraisal Report, Desktop Underwriter Property Inspection Report, Individual Cooperative Interest Appraisal Report, Exterior-Only Inspection Individual Cooperative Interest Appraisal Report, Loan Modification Agreement (Providing for Adjustable Interest Rate), Loan Modification Agreement (Providing for Fixed Interest Rate). Feedback. feel free to email. Fannie Mae Working Papers Housing Insights Partner Research Publications Archive Perspectives toggle. For best results, pose your search like a question. MORE INFO. Ask Poli. While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided by this service and the Guides. April 15, 2014 Selling Guide: Fannie Mae Single Family Published April 15, 2014 Opens in a new window. Thus, lenders can work with sponsoring Fannie Mae approved seller/servicers to originate Fannie Mae loan products. Fannie Mae charges both annual guarantee fees and loan-level price adjust-ments (LLPAs). The updated topics are dated June 5, 2018. Includes Notes, Riders, Addendas, Security Instruments, and Special Purpose Documents. Generally, Fannie Mae loans are available for one- to four-unit properties. It is a great win for our customers,” he continued. Try downloading and opening the file from your computer's PDF Reader. Fannie Mae will begin accepting SOFR ARM products on August 3, 2020, and will continue to update the Selling Guide. Ask Poli is an Artificial Intelligence powered search tool. The updates affect the following areas: HomeStyle® Renovation HomeStyle® Energy Business Continuity and Disaster Recovery Age of Document Requirements for Loans Impacted by a Disaster Compliance with Laws and Responsible Lending. Form instructions are appended to the back of each individual form (with a few appended to the front). Selling Guide Updates The Selling Guide has been updated to include changes to the following: Self-Employed Income Project Eligibility Review for Attached Planned Unit Developments HomeStyle® Renovation Cash Back Pair-offs on Mandatory Whole Loan … Multifamily Selling and Servicing Guide Effective as of July 1, 2020 No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. LLPAs are upfront charges, which vary . The document ' ' is no longer available to view. The construction-to-permanent policies described in Chapter B5-3 (Construction and Energy Financing) of the Selling Guide are now … Multifamily Selling and Servicing Guide Effective as of November 11, 2020 No portion of this Multifamily Selling and Servicing Guide may be reproduced in any form or by any means without Fannie Mae's prior written permission, except as may be provided herein or unless otherwise permitted by law. Having problems viewing PDFs? We recommend that you use the latest version of FireFox or Chrome. Fannie Mae and Freddie Mac (the GSEs) have published a Credit Score Solicitation to request applications from prospective credit score model developers for the “Validation and Approval of Credit Score Models.” Visit the Credit Score Models page to view the solicitation or learn more about how Fannie Mae uses credit score models and credit scores. If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources. Lender Record Information allows you to prepare your annual certification and submit it electronically to Fannie Mae. No Yes. Primary Changes Guide updates include: Part I, Chapter 1: Overview representations regarding Delivering a Mortgage Loan. Currently, Fannie Mae's policy on this topic is located in one section of the Selling Guide - Part VII, Section 101.05: Multiple Mortgages to the Same Borrower - which could be interpreted as only being applicable in those specific situations. Originating loans for, or selling loans to, a Fannie Mae approved lender or aggregator can be useful to banks that do not meet minimum standards and/or do not have the internal capacity to become Fannie Mae approved. This part describes the requirements a lender must satisfy to become a Fannie Mae-approved seller and servicer of residential home mortgage loans. 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