FNMA Selling Guide A2-1-01 — Contractual Obligations for Sellers/Servicers

fnma-sel-a2-1-01

FNMA Selling Guide A2-1-01 establishes the foundational legal relationship between [LENDER] (seller/servicer) and Fannie Mae: executed MSSC (Mortgage Selling and Servicing Contract), incorporation-by-reference of the Selling Guide, Servicing Guide, Supplements, Announcements, Lender Letters; special-approval requirements for co-op share / HomeStyle Renovation / eMortgages / SMP bifurcation servicers; Lender Contract integration and non- divisibility; and joint-and-several responsibility on servicing transfers. Fills FNMA Selling A2-1 chapter gap.

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Verbatim regulatory text (5)

Verbatim provisions from FNMA Selling Guide A2-1-01 — Contractual Obligations for Sellers/Servicers — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

FNMA Selling Guide A2-1-01 — Execute MSSC and any other relevant agreements

both parties execute the Mortgage Selling and Servicing Contract (MSSC) and any other relevant agreements.

Source: FNMA Selling Guide A2-1-01 — Role of MSSC · source URL · snapshot 2897f21e1e729b42

FNMA Selling Guide A2-1-01 — Special approval required for co-op / HomeStyle / eMortgages / SMP bifurcation

Sellers/servicers may not sell or service these loan types unless they obtain the applicable special approval and execute any additional agreements required by Fannie Mae.

Source: FNMA Selling Guide A2-1-01 — Special Seller/Servicer Approval and MSSC Addendum · source URL · snapshot 2897f21e1e729b42

FNMA Selling Guide A2-1-01 — Lender Contract is a single, integrated contract

form a single, integrated contract

Source: FNMA Selling Guide A2-1-01 — Lender Contract: Integration and Non-Divisibility · source URL · snapshot 2897f21e1e729b42

FNMA Selling Guide A2-1-01 — Selling and Servicing obligations integrated, cannot be separated

are integrated and cannot be separated from the seller’s or seller/servicer’s benefits and obligations to sell loans under the Lender Contract.

Source: FNMA Selling Guide A2-1-01 — Lender Contract: Integration and Non-Divisibility · source URL · snapshot 2897f21e1e729b42

FNMA Selling Guide A2-1-01 — Joint-and-several responsibility on servicing transfer

the transferor and transferee are jointly and severally responsible for all selling representations, warranties, and obligations related to the transferred loans, including those that arise before delivery of the loans to Fannie Mae; and • the transferee is jointly and severally responsible for all servicing obligations and liabilities of the transferor, including those that arise before delivery of the loans to Fannie Mae.

Source: FNMA Selling Guide A2-1-01 — General Contract Terms — Joint and Several Responsibility · source URL · snapshot 2897f21e1e729b42

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Source of record: https://claudeforcompliance.com/regs/fnma-sel-a2-1-01/ · register fnma-sel-a2-1-01 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.