source:
  type: regulation
  id: fnma-svc-a2-7-01
  authority: "FNMA Servicing Guide A2-7-01 — Concurrent Servicing Transfers"
  description: "FNMA Servicing Guide A2-7-01 governs concurrent servicing transfers —\nwhen a seller transfers servicing rights to a Fannie Mae-approved\nservicer at the same time as loan delivery. This is an \"automatic\"\ntransfer not requiring prior FNMA approval, but carries specific\nnotification, eligibility, and contractual-relationship requirements.\nFills FNMA Servicing A2-7 chapter gap.\n"
obligations:
- id: fnma-svc-a2-7-01-transferee-meets-eligibility
  canonical_id: fnma-svc-a2-7-01-transferee-meets-eligibility
  section: "FNMA Servicing Guide A2-7-01 — Transferee servicer must meet FNMA eligibility criteria"
  description: 'In a concurrent servicing transfer (transfer of servicing concurrent

    with loan delivery), the transferee servicer must meet Fannie Mae''s

    eligibility criteria that apply to a seller/servicer that becomes

    Fannie Mae''s servicer in a post-delivery transfer of servicing per

    A2-7-03. [LENDER] (whether as transferring seller or transferee

    servicer) shall confirm transferee FNMA eligibility before

    executing the concurrent transfer.

    '
  type: do
  audit_question: For every concurrent servicing transfer [LENDER] participated in, can [LENDER] evidence pre-transfer documentation that the transferee servicer met FNMA's A2-7-03 post-delivery transferee-eligibility criteria?
  workflow_phase: servicing-transfer
  owner_role: vendor_management
  secondary_owner_role: compliance_officer
  cadence: per-concurrent-transfer
  consequence: Ineligible transferee may force unwinding of the transfer; potential FNMA enforcement against seller for failing to verify eligibility.
  tags:
  - round-d
  - regulator-direct
  - fnma
  - servicing-transfer
  - concurrent-transfer
  - transferee-eligibility
  - promoted
  primary_source:
    tier: 1
    authority: "FNMA Servicing Guide A2-7-01 — Concurrent Servicing Transfers"
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: f662f911b3ddaf1d
    fetched_at: '2026-05-25T14:09:40Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: 'The transferee servicer must meet Fannie Mae

      '
    drafter_attestation: 'Copied verbatim from snapshot f662f911b3ddaf1d. A2-7-01 transferee-

      eligibility operative clause headline. Quote truncated before

      "Mae''s" U+2019 curly apostrophe; full eligibility-criteria

      statement paraphrased in description with cross-reference to

      A2-7-03.

      '
  promoted_at: '2026-05-25T18:25:42+00:00'
  promoted_from: fnma-svc-a2-7-01-roundd-v1.yaml
  program_review: Does the program ensure that in a concurrent servicing transfer the transferee servicer is confirmed to meet FNMA's A2-7-03 post-delivery transferee-eligibility criteria before the transfer executes?
  file_review: For concurrent transfers, confirm pre-transfer documentation that the transferee met the A2-7-03 eligibility criteria.
  judgment: false
  feeds:
  - fnma-svc-a2-7-01-notify-fnma-at-delivery
- id: fnma-svc-a2-7-01-notify-fnma-at-delivery
  canonical_id: fnma-svc-a2-7-01-notify-fnma-at-delivery
  section: "FNMA Servicing Guide A2-7-01 — Seller notification of concurrent transfer at delivery"
  description: "When [LENDER] (as mortgage loan seller) transfers servicing\nconcurrent with delivery — i.e., where [LENDER] was servicing the\nmortgage loans prior to delivery and will not be servicing them\nafter delivery — [LENDER] shall notify Fannie Mae at the time of\nmortgage loan delivery that servicing has been transferred. The\nnotification is the operational trigger by which FNMA recognizes\nthe transferee servicer as the contractual servicer for the loans.\n"
  type: do
  audit_question: For every concurrent servicing transfer, can [LENDER] (as seller) produce evidence of timely delivery-time notification to Fannie Mae of the servicing transfer?
  workflow_phase: servicing-transfer
  owner_role: secondary_marketing
  secondary_owner_role: vendor_management
  cadence: per-concurrent-transfer
  consequence: Missing notification may leave seller as contractual servicer in FNMA records, exposing seller to servicing-failure claims for actions taken by the transferee.
  tags:
  - round-d
  - regulator-direct
  - fnma
  - servicing-transfer
  - concurrent-transfer
  - delivery-notification
  - promoted
  primary_source:
    tier: 1
    authority: "FNMA Servicing Guide A2-7-01 — Notification of Concurrent Servicing Transfers"
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: f662f911b3ddaf1d
    fetched_at: '2026-05-25T14:09:40Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: 'The mortgage loan seller must notify Fannie Mae at the time of mortgage loan delivery that servicing has been transferred.

      '
    drafter_attestation: 'Copied verbatim from snapshot f662f911b3ddaf1d. A2-7-01 seller-

      notification-at-delivery operative requirement.

      '
  promoted_at: '2026-05-25T18:25:42+00:00'
  promoted_from: fnma-svc-a2-7-01-roundd-v1.yaml
  program_review: Does the program ensure the seller notifies Fannie Mae at the time of loan delivery that servicing has been transferred (the trigger for FNMA to recognize the transferee servicer)?
  file_review: For concurrent transfers, confirm delivery-time notification to Fannie Mae of the servicing transfer.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-25T18:25:42+00:00'
  candidate_path: obligations\_remediation\round-d-investor-guides\fnma-svc-a2-7-01-roundd-v1.yaml
  candidates_promoted: 2
  candidates_skipped_existing: 0
