Selling Guide

Published June 3, 2020

The Selling Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the sections below. You may also download the entire Selling Guide in PDF format.

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When should a lender take advantage of the temporary reverification flexibility announced in LL-2020-03?

Note: This FAQ comes from the published COVID-19, FAQs on Quality Control

When should a lender take advantage of the temporary reverification flexibility announced in Lender Letter LL-2020-03, Impact of COVID-19 on Originations?

This flexibility is offered for lenders that may not have the ability to mail manual reverifications or the electronic service they utilize is not available for processing during the coronavirus pandemic.  In such case, a lender can complete the file review without attempting the reverification, provided the lender meets the tracking and sampling requirements set forth in Lender Letter LL-2020-03, Impact of COVID-19 on Originations.

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