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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Can all borrowers sign loan documents using a POA during the pandemic?

Note: This information comes from the published Lender Letter, LL-2020-03, Impact of COVID-19 on Originations. 

The limitations in B8-5-05, Requirements for Use of a Power of Attorney requiring at least one borrower signature of the note and security instrument are suspended

Effective:  These flexibilities are effective immediately for all loans in process and remain in place for loans with application dates on or before Jun. 30, 2020

For additional information, refer to the Power of Attorney (POA) Requirements Job Aid and Lender Letter, LL-2020-03, Impact of COVID-19 on Originations. 

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