Fannie Mae Selling Guide B8-6-01 — Authorized Use of Intervening and Blanket Assignments

fnma-sel-b8-6-01

Fannie Mae Selling Guide B8-6-01 — Authorized Use of Intervening and Blanket Assignments.

This register: .xlsx .csv

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Selling Guide B8-6-01 — Authorized Use of Intervening and Blanket Assignments — 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 B8-6-01 — Authorized Use of Intervening and Blanket Assignments

Effective 2022-05-04 · publisher's stamp for this provision

B8-6-01, Authorized Use of Intervening and Blanket Assignments (05/04/2022) Introduction This topic contains information on the authorized use of intervening and blanket assignments, including: Intervening Assignments Blanket Assignments Special Provision for Puerto Rico Intervening Assignments If the originating lender is not servicing the loan at the time of the sale to Fannie Mae, then unless the loan has been registered with MERS or the loan is secured by a property in Puerto Rico, the seller of the loan must cause to be recorded one or more intervening assignments of mortgage to ensure there are effective mortgage assignment(s) from the originating lender to the servicer. Copies of all such assignments must be retained in the loan file. Blanket Assignments Lenders may use blanket assignments for any intervening assignments that take place before the mortgage is sold to Fannie Mae, as long as this type of assignment is acceptable to the applicable recording jurisdiction (blanket assignments are assignments that cover more than one mortgage). Each blanket assignment must relate to a single recording jurisdiction. The lender may be required to indemnify Fannie Mae (as described in A2-1-03, Indemnification for Losses), for any losses incurred by Fannie Mae due to the lender’s failure to obtain, record (if applicable), and retain the necessary intervening assignments. Alternatively, Fannie Mae may require the lender to repurchase the mortgage or the security property. Special Provision for Puerto Rico Assignments of mortgages generally are not recordable in Puerto Rico. Therefore, no intervening assignments need to be prepared, recorded, or retained in the individual mortgage loan file.

Source: Fannie Mae Selling Guide B8-6-01 — Authorized Use of Intervening and Blanket Assignments · source URL · snapshot 2897f21e1e729b42

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 Fannie Mae Selling Guide B8-6-01 — Authorized Use of Intervening and Blanket Assignments 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-b8-6-01/ · register fnma-sel-b8-6-01 · 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.