Fannie Mae Selling Guide Subpart D2 — Fannie Mae QC Process

fnma-sel-d2

Fannie Mae Selling Guide Subpart D2 — Fannie Mae QC Process. Introduction, verbatim as published by Fannie Mae.

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Fannie Mae Selling Guide Subpart D2 — Fannie Mae QC Process (introduction)

Subpart D2, Fannie Mae QC Process Introduction Fannie Mae’s Loan Quality Center reviews a sample of the mortgage loans purchased or securitized by Fannie Mae to ensure that they meet its underwriting and eligibility requirements. This subpart describes Fannie Mae’s policies and practices with respect to the selection, review, and reporting of results; and the lender’s responsibilities for participating in this process. Fannie Mae also reviews servicing files with the primary focus of confirming that the mortgage loan has been serviced in accordance with the and Lender Contract. See the for a description of the servicing QC process. In addition, within the Loan Quality Center, the Data Validation Center team follows up on loan-level data discrepancies to perform required data changes that, in some instances, may indicate eligibility concerns leading to a full underwriting review.

Source: Fannie Mae Selling Guide Subpart D2 — Fannie Mae QC Process (introduction) · source URL · snapshot 2897f21e1e729b42

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