Fannie Mae Selling Guide C2-1.2-03: Best Efforts Commitment Terms, Amounts, and Other Requirements
, Best Efforts Commitment Terms, Amounts, and Other Requirements (03/03/2021) Introduction This topic provides information on terms and other requirements associated with best efforts commitments, including:
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
- Best Efforts Commitment Terms and Amounts
- Best Efforts Servicing Options
- Other Best Efforts Requirements
- DU Recommendations on Loans Delivered with Best Efforts Commitments
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.