Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans

fnma-svc-e-4-5-05

Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans.

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  authority: Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans
  description: Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans.
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    section: Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans
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      authority: Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans
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      paragraph_quote: E-4.5-05, Filing MI Claims for HUD Section 184 Mortgage Loans (11/12/2014) The servicer of HUD Section 184 mortgage loan that Fannie Mae held in its portfolio or that was in a special servicing option pool must ﬁle the application for mortgage loan guarantee beneﬁts on Fannie Mae’s behalf to ensure the claim settlement check is sent directly to Fannie Mae. The servicer must follow the procedures in Filing an MI Claim for a Section 184 Mortgage Loan in F-1-06, Filing an MI Claim for a Liquidated Mortgage Loan or Acquired Property, when the claim must be ﬁled on behalf of Fannie Mae. The servicer of a HUD Section 184 mortgage loan that is in a regular servicing option MBS pool must make Fannie Mae whole when it assigns the mortgage to HUD. Therefore, it must ﬁle the application for loan guarantee beneﬁts in its own name. Recent Related Announcements There are no recently issued Announcements related to this topic.

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans — 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-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans

E-4.5-05, Filing MI Claims for HUD Section 184 Mortgage Loans (11/12/2014) The servicer of HUD Section 184 mortgage loan that Fannie Mae held in its portfolio or that was in a special servicing option pool must ﬁle the application for mortgage loan guarantee beneﬁts on Fannie Mae’s behalf to ensure the claim settlement check is sent directly to Fannie Mae. The servicer must follow the procedures in Filing an MI Claim for a Section 184 Mortgage Loan in F-1-06, Filing an MI Claim for a Liquidated Mortgage Loan or Acquired Property, when the claim must be ﬁled on behalf of Fannie Mae. The servicer of a HUD Section 184 mortgage loan that is in a regular servicing option MBS pool must make Fannie Mae whole when it assigns the mortgage to HUD. Therefore, it must ﬁle the application for loan guarantee beneﬁts in its own name. Recent Related Announcements There are no recently issued Announcements related to this topic.

Source: Fannie Mae Servicing Guide E-4.5-05 — Filing MI Claims for HUD Section 184 Mortgage Loans · source URL · snapshot cf63a82bbb4adfba