Fannie Mae Selling Guide C2-1.1-07: Standard ARM and Converted ARM Resale Commitments

Document
Fannie Mae Single Family Selling Guide
Section date
Version in Zeitro Strata
Where
pages 980–982 of 1196

This topic provides information about whole loan mandatory commitments to deliver ARM loans to Fannie Mae, including:

Fannie Mae Selling Guide C2-1.1-07, pages 980–982

Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.

What this section covers

  • Standard ARM Mandatory Commitments
  • Minimum Commitment Amount for Converted ARM Resale Commitments
  • Process for Converting an ARM within an MBS to a Fixed-Rate Mortgage
  • Commitment Timing, Pricing and Compensatory Fees for Converted ARM Resale Commitments

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.