Fannie Mae Servicing Guide E-4.2-02 — Handling Reconveyance to the Insurer or Guarantor

fnma-svc-e-4-2-02

Fannie Mae Servicing Guide E-4.2-02 — Handling Reconveyance to the Insurer or Guarantor.

This register: .xlsx .csv

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Servicing Guide E-4.2-02 — Handling Reconveyance 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 E-4.2-02 — Handling Reconveyance to the Insurer or Guarantor

Effective 2016-08-17 · publisher's stamp for this provision

E-4.2-02, Handling Reconveyance to the Insurer or Guarantor (08/17/2016) Custody of the property must be turned over to FHA, VA, or the mortgage insurer as soon as possible after their requirements for conveying properties have been met. (Also see Selling Guide A3-2-01, Compliance with Laws.) When FHA or the VA does not accept a property that the servicer conveys, the servicer must determine why the property was reconveyed to Fannie Mae. If FHA's or VA's reasons for not accepting the property can still be resolved, the servicer must take any action required to correct the matter and then reconvey the property to FHA or VA. Failure to do so may result in Fannie Mae electing a repurchase, a make whole payment, or an indemnification payment (see A1-3-02, Fannie Mae-Initiated Repurchases, Indemnifications, Make Whole Payment Requests and Deferred Payment Obligations). The servicer must address any questions regarding a property that was reconveyed to Fannie Mae’s CPM division (see F-4-02, List of Contacts).

Source: Fannie Mae Servicing Guide E-4.2-02 — Handling Reconveyance 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 E-4.2-02 — Handling Reconveyance 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-e-4-2-02/ · register fnma-svc-e-4-2-02 · 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.