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.
What responsibility does the lender have if the borrower entered forbearance on an existing mortgage loan after applying for a new loan?
The lender must follow the guidance in LL-2020-03 to determine whether the existing mortgage loan is current or if the borrower has entered into and made three full timely payments under a loss mitigation solution as of the note date of the new mortgage loan.
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