source:
  type: regulation
  id: fnma-svc-c-3
  authority: "FNMA Servicing Guide C-3 — Remitting and Accounting"
  description: 'Servicing Guide Chapter C-3 governs remittance of P&I and other funds to Fannie Mae per applicable remittance schedules.

    '
obligations:
- id: fnma-svc-c-3-remit-funds-due-fannie-mae
  canonical_id: fnma-svc-c-3-remit-funds-due-fannie-mae
  section: "FNMA Servicing Guide C-3-01 — Responsibilities Related to Remitting P&I Funds to Fannie Mae"
  description: '[LENDER] must remit all funds that are due to Fannie Mae for that month

    under the schedule established for each remittance type and, if

    applicable, remittance cycle. Failure to remit funds on or before the

    remittance due date may result in a compensatory fee.

    '
  type: do
  audit_question: Can [LENDER] evidence remittance of all monthly amounts due to Fannie Mae (scheduled/actual P&I, guaranty fees, claim/sale/payoff proceeds, special remittances, other fees) on or before the remittance due date for each applicable remittance type and cycle?
  workflow_phase: servicing
  owner_role: default_servicing_analyst
  secondary_owner_role: compliance_officer
  cadence: per-remittance-cycle
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - remittance
  - compensatory-fee
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide C-3-01
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: cf63a82bbb4adfba
    fetched_at: '2026-05-22T23:53:19Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: The servicer must remit all funds that are due to Fannie Mae for that month under the schedule established for
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter C-3) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:10+00:00'
  promoted_from: fnma-svc-c-3-roundb-v1.yaml
  program_review: Does the program ensure all funds due Fannie Mae each month (scheduled/actual P&I, guaranty fees, claim/sale/payoff proceeds, special and other remittances) are remitted on or before the due date for each remittance type/cycle?
  file_review: Sample remittance cycles; confirm all amounts due were remitted on or before the remittance due date.
  judgment: false
- id: fnma-svc-c-3-mbs-scheduled-pi-remittance
  canonical_id: fnma-svc-c-3-mbs-scheduled-pi-remittance
  section: "FNMA Servicing Guide C-3-01 — Remitting to Fannie Mae for Delinquent MBS Mortgage Loans"
  description: '[LENDER] must remit P&I to Fannie Mae on scheduled/scheduled remittance

    type MBS mortgage loans regardless of whether it actually receives

    payments from the borrower.

    '
  type: do
  audit_question: For every scheduled/scheduled remittance-type MBS mortgage loan in [LENDER]'s Fannie Mae portfolio, can [LENDER] evidence remittance of scheduled P&I irrespective of whether the borrower's payment was actually collected?
  workflow_phase: servicing
  owner_role: default_servicing_analyst
  secondary_owner_role: compliance_officer
  cadence: per-remittance-cycle
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - remittance
  - mbs
  - scheduled-scheduled
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide C-3-01
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: cf63a82bbb4adfba
    fetched_at: '2026-05-22T23:53:19Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: The servicer must remit P&I to Fannie Mae on scheduled/scheduled remittance type MBS mortgage loans
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter C-3) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:10+00:00'
  promoted_from: fnma-svc-c-3-roundb-v1.yaml
  program_review: Does the program ensure scheduled P&I is remitted on scheduled/scheduled remittance-type MBS loans regardless of whether the borrower paid?
  file_review: For scheduled/scheduled MBS loans, confirm scheduled P&I was remitted even where the borrower's payment was not collected.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T00:25:10+00:00'
  candidate_path: C:\Users\earlc\broker-tools\obligations\_remediation\_round_b_drafts\fnma-svc-c-3-roundb-v1.yaml
  candidates_promoted: 2
  candidates_skipped_existing: 0
