Fannie Mae Selling Guide B3-2-05 — Approve/Eligible Recommendations
Fannie Mae Selling Guide B3-2-05 — Approve/Eligible Recommendations.
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Fannie Mae Selling Guide B3-2-05 — Approve/Eligible Recommendations
B3-2-05, Approve/Eligible Recommendations (01/27/2015) Introduction This topic contains information on Approve/Eligible recommendations. Approve/Eligible Recommendations Approve/Eligible Recommendations The following table describes these recommendations. Approve/Eligible Eligible for Fannie Mae’s limited waiver of certain mortgage loan eligibility and underwriting representations and warranties? Yes, as long as the mortgage loan satisfies the applicable requirements related to limited waivers as described in this Guide. (See A2-2-04, Limited Waiver and Enforcement Relief of Representations and Warranties.) Satisfies Fannie Mae’s credit risk standards/assessment? Yes Satisfies Fannie Mae’s mortgage loan eligibility criteria? Yes Eligible for sale to Fannie Mae? Yes, if all approval conditions have been met.
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