Fannie Mae Servicing Guide D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor

fnma-svc-d2-3-4-03

Fannie Mae Servicing Guide D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor.

This register: .xlsx .csv

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Servicing Guide D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor — 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 D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor

Effective 2014-11-12 · publisher's stamp for this provision

D2-3.4-03, Assignment of a Mortgage Loan to the Insurer or Guarantor (11/12/2014) Introduction This topic contains the following: Assignment of a Conventional Mortgage Loan to the Mortgage Insurer Assignment of a HUD or VA Mortgage Loan to the Insurer or Guarantor Assignment of a Conventional Mortgage Loan to the Mortgage Insurer If the mortgage insurer exercises a right under the master policy to acquire a delinquent conventional first lien mortgage loan, the servicer must assign the mortgage loan to the mortgage insurer and take whatever action is necessary to obtain payment under the insurance policy. If the mortgage insurer instructs the servicer to assign an insured delinquent second lien conventional mortgage loan to it rather than continuing the foreclosure process, the servicer must prepare the necessary legal documents to assign the second lien mortgage loan and file a claim under the insurance contract. See the Investor Reporting Manual for reporting the assignment to Fannie Mae. Assignment of a HUD or VA Mortgage Loan to the Insurer or Guarantor If the mortgage insurer or guarantor exercises its right under the policy to acquire a delinquent government mortgage loan or an assignment is the only way to liquidate a mortgage loan, the servicer must assign the mortgage loan to the insurer or guarantor and take required follow-up actions in compliance with applicable regulations and procedures, file a claim with the insurer or guarantor, and report the assignment to Fannie Mae. See the Investor Reporting Manual for reporting the assignment to Fannie Mae. Fannie Mae will hold the servicer accountable for any loss Fannie Mae incurs because it failed to assign a VA-guaranteed mortgage loan for refunding when the VA instructed it to do so.

Source: Fannie Mae Servicing Guide D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor · source URL · snapshot cf63a82bbb4adfba

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 Servicing Guide D2-3.4-03 — Assignment of a Mortgage Loan to the Insurer or Guarantor 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-svc-d2-3-4-03/ · register fnma-svc-d2-3-4-03 · 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.