Fannie Mae Selling Guide C2-2-05: Whole Loan Purchasing Process

Document
Fannie Mae Single Family Selling Guide
Section date
Version in Zeitro Strata
Where
pages 996–998 of 1196

This topic provides information on the process Fannie Mae uses to notify the lender (and the servicer, if the lender is not servicing the loan) of a whole loan purchase, including:

Fannie Mae Selling Guide C2-2-05, pages 996–998

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

  • Notification to Lender of Purchases of Regularly Amortizing Mortgages
  • Contents of the Purchase Advice
  • Reconciliation of Purchase Advices and After Sale Corrections to Whole Loan Disbursements
  • Submission of Mortgage Record Change to HUD for FHA Mortgage Purchases

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