WebJan 20, 2024 · The new temporary guidelines are set forth in Lender Letter LL-2024-14 (available here) and seek disclosure of information concerning the condition of the building, including whether there is “significant deferred maintenance”, including (i) situations that require evacuation of the building; or (ii) “deficiencies, defects, substantial ... WebCertificate for First-time Homeowners. HomeView aligns with National Industry Standards for pre-purchase homeownership education, and can be used to fulfill the education requirement for most mortgage products. Once you finish and pass the end of course quiz with a score of 80% or higher, you will receive a certificate of completion.
Appraisal Update and/or Completion Report - Fannie Mae
WebApr 12, 2024 · Ensure the flood insurance premiums are paid. See B-1-01, Administering an Escrow Account and Paying Expenses for additional information. Actively monitor all flood maps and community status changes and take appropriate action as changes occur. If a property is remapped into an SFHA, see When a Property’s Flood Zone Status Changes … WebYes No APPRAISER’S CERTIFICATION:The appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal update in accordance with the scope of work requirements stated in this appraisal update report and concur with the analysis and conclusions in the original appraisal. 2. clear view bag company
CHAPTER 12: PROPERTY AND APPRAISAL REQUIREMENTS
WebMar 8, 2024 · The servicer must ensure at all times that any required property insurance coverage is maintained to protect Fannie Mae’s interest in the mortgage loan. The following table lists the servicer’s responsibilities applicable to all first lien mortgage loans owned or securitized by Fannie Mae unless otherwise noted. WebMar 8, 2024 · The servicer must order a property inspection on or after the 90th day of delinquency and complete the property inspection no later than the 120th day of … WebQ8. What are Fannie Mae’s eligibility requirements for multi-width MH loans? Generally, multi-width MH loans eligible for delivery to Fannie Mae: may be a fixed-rate mortgage, or a 7/1 or 10/1 ARM; require at least a 5% down payment; and must be underwritten through Desktop Underwriter® (DU®). blue tailor vintage keegan performance tee