SUPERSEDED — prior version (Selling Guide edition published May 6, 2026) — Fannie Mae Selling Guide B4-2.2-07 — Projects with Special Considerations
SUPERSEDED — this is the PRIOR text of Fannie Mae Selling Guide B4-2.2-07 (Projects with Special Considerations), dated 08/06/2025, as published in the Selling Guide edition of May 6, 2026. Fannie Mae renumbered this topic: the edition published September 2, 2026 carries it as B4-2.2-05 (SEL-2026-07 (August 5, 2026)). Retained because a loan or exam period governed by the earlier text needs the version in force at the time.
Superseded — retained for reference. The operative requirements have moved to the current rule (see the description above).
Verbatim regulatory text
Verbatim provisions from SUPERSEDED — prior version (Selling Guide edition published May 6, 2026) — Fannie Mae Selling Guide B4-2.2-07 — Projects with Special Considerations — each quote is a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.
Fannie Mae Selling Guide B4-2.2-07 — Projects with Special Considerations
B4-2.2-07, Projects with Special Considerations (08/06/2025) Introduction This topic contains information on projects with special considerations. Projects with Special Considerations Projects with Special Considerations Lenders may identify projects that merit special consideration even though the project characteristics do not meet all of the Fannie Mae eligibility requirements. In these instances, lenders can contact the Fannie Mae Project Standards team to discuss the possibility of accepting such projects through the PERS process. Exceptions to Fannie Mae eligibility and underwriting requirements are considered on a project-by-project basis. (See B4-2.2-06, Project Eligibility Review Service (PERS), for additional information.)
Get this regulation in your AI window
Announcements change Guide topics, but the old wording keeps circulating. An assistant will hand you the prior version and name no date at all.Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.
Open in Claude Open in ChatGPT
Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.
Next step: the FNMA AI Lender Letter playbook. Run it in your AI window →
Get notified if this rule changes
One email when SUPERSEDED — prior version (Selling Guide edition published May 6, 2026) — Fannie Mae Selling Guide B4-2.2-07 — Projects with Special Considerations changes: what changed, the new verbatim text, and the effective date. Nothing else.
Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.
Source of record: https://claudeforcompliance.com/regs/fnma-sel-b4-2-2-07/
· register fnma-sel-b4-2-2-07 · 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.