Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property

fnma-svc-e-2-3-02

Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property.

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Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property

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

E-2.3-02, Addressing Individuals with Fractional Interests in a Security Property (11/12/2014) When it appears that a fractional interest in a property has been conveyed and a petition for bankruptcy filed solely for the purpose of delaying foreclosure proceedings, the servicer must ensure the law firm prepares a Motion for Relief from Automatic Stay pursuant to Section 362(d)(4), if appropriate. Any orders obtained must be immediately recorded in compliance with applicable state laws governing notices or interests or liens in real property so they will be binding in future cases involving the same property for a two-year period.

Source: Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property · source URL · snapshot cf63a82bbb4adfba

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Source of record: https://claudeforcompliance.com/regs/fnma-svc-e-2-3-02/ · register fnma-svc-e-2-3-02 · 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.