Fannie Mae Servicing Guide D2-3.1-06 — Notifying Fannie Mae of Lead-Based Paint Citations
Fannie Mae Servicing Guide D2-3.1-06 — Notifying Fannie Mae of Lead-Based Paint Citations.
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Verbatim provisions from Fannie Mae Servicing Guide D2-3.1-06 — Notifying Fannie Mae of Lead-Based Paint Citations — 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 Servicing Guide D2-3.1-06 — Notifying Fannie Mae of Lead-Based Paint Citations
D2-3.1-06, Notifying Fannie Mae of Lead-Based Paint Citations (11/12/2014) Notifying Fannie Mae of Lead-Based Paint Citations Notifying Fannie Mae of Lead-Based Paint Citations For any mortgage loan secured by a one-unit investment property or a two- to four-unit property for which the servicer is considering a workout option, the servicer must notify Fannie Mae if it learns of the issuance of a lead-based paint citation, obtains other evidence of lead-based paint law violations, or becomes aware of threatened or pending lead-based paint litigation. If the security property is located in Massachusetts, the servicer must conduct an actual search to determine whether there are any outstanding lead-based paint citations against the property or the property owner. The servicer must follow the procedures in Notifying Fannie Mae of Lead-Based Paint Citations in F-1-12, Preparing to Implement a Workout Option to report the action to Fannie Mae.
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