source:
  type: guide
  id: fnma-sel-b3-4.3-02
  authority: Fannie Mae Selling Guide B3-4.3-02 — Trust Accounts
  description: Fannie Mae Selling Guide B3-4.3-02 — Trust Accounts.
  coverage_tier: operative
obligations:
- id: fnma-sel-b3-4.3-02-full
  canonical_id: fnma-sel-b3-4.3-02-full
  section: Fannie Mae Selling Guide B3-4.3-02 — Trust Accounts
  type: do
  tags:
  - regulator-direct
  - fnma
  - selling-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Selling Guide B3-4.3-02 — Trust Accounts
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/selling-guide
    snapshot_id: 5f7b8b79da595d76
    fetched_at: '2026-05-25T14:09:57Z'
    content_hash: sha256:98cf85a02861bbe84914a0e339b327c8fc131869a8a573882007bbeea60c5701
    paragraph_quote: 'B3-4.3-02, Trust Accounts (04/01/2009) Introduction Published
      May 6, 2026 423 This topic contains information on trust accounts. Trust Accounts
      Trust Accounts Funds disbursed from a borrower’s trust account are an acceptable
      source for the down payment, closing costs, and reserves provided the borrower
      has immediate access to the funds. To document trust account funds, the lender
      must: obtain written documentation of the value of the trust account from either
      the trust manager or the trustee, and document the conditions under which the
      borrower has access to the funds and the eﬀect, if any, that the withdrawal
      of funds will have on trust income used in qualifying the borrower for the mortgage.
      Recent Related Announcements There are no recently issued Announcements related
      to this topic.'
  judgment: false
