Fannie Mae Servicing Guide E-3.5-01 — Foreclosure of a Property Securing an MBS Mortgage Loan
Fannie Mae Servicing Guide E-3.5-01 — Foreclosure of a Property Securing an MBS Mortgage Loan.
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Verbatim provisions from Fannie Mae Servicing Guide E-3.5-01 — Foreclosure of a Property Securing an MBS Mortgage Loan — 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 E-3.5-01 — Foreclosure of a Property Securing an MBS Mortgage Loan
E-3.5-01, Foreclosure of a Property Securing an MBS Mortgage Loan (10/13/2021) The servicer of an MBS mortgage loan must ensure that the mortgage loan is removed from the MBS pool prior to completion of the foreclosure. For additional information on reclassifying or repurchasing MBS mortgage loans in foreclosure, see Mandatory Repurchase of Certain MBS Mortgage Loans in A1-3-02, Fannie Mae-Initiated Repurchases, Indemnifications, Make Whole Payment Requests and Deferred Payment Obligations, A1-3-01, Requirements for Voluntary Repurchase, and A1-3-06, Automatic Reclassification of MBS Mortgage Loans.
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Source of record: https://claudeforcompliance.com/regs/fnma-svc-e-3-5-01/
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