MortgageCurrentcy Subscriber Library

Description:

The Selling Guide has been updated to include changes to the following:

 Asset documentation requirements for refinance transactions: reduces the documentation requirements for certain refinances

 Age of appraisal: clarified when an appraisal update or new appraisal is needed

 MBS trade confirmation process update: clarified the lenders’ responsibility for notifying us of discrepancies in the terms of a trade

 Miscellaneous update: alignment with previously announced policy changes

Document type:

  • Agency Bulletin/Form

Agency:

Fannie Mae

Download:

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