source:
  type: guide
  id: fnma-svc-a1-3-04
  authority: Fannie Mae Servicing Guide A1-3-04 — Reporting the Repurchase
  description: Fannie Mae Servicing Guide A1-3-04 — Reporting the Repurchase.
  coverage_tier: operative
obligations:
- id: fnma-svc-a1-3-04-full
  canonical_id: fnma-svc-a1-3-04-full
  section: Fannie Mae Servicing Guide A1-3-04 — Reporting the Repurchase
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide A1-3-04 — Reporting the Repurchase
    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: 'A1-3-04, Reporting the Repurchase (10/11/2023) Introduction
      This topic contains the following: Overview Repurchase of an Acquired Property
      Repurchase of a Second-Lien Mortgage Loan Overview This topic provides requirements
      for reporting repurchases to Fannie Mae. The servicer must also report repurchases
      under the process described in the Investor Reporting Manual. Repurchase of
      an Acquired Property As soon as Fannie Mae receives the full amount of the repurchase
      proceeds, it will execute a quit-claim deed to convey the property to the responsible
      party (and will work with the responsible party to ensure that the reconveyance
      deed is appropriately recorded in the land records). Repurchase of a Second-Lien
      Mortgage Loan If the repurchase relates to a defaulted second-lien mortgage
      loan for which Fannie Mae advanced funds, the servicer must contact its Fannie
      Mae Servicing Representative (see F-4-02, List of Contacts) on how to report
      the repurchase (and how to remit the funds). Fannie Mae also instructs the servicer
      about how the servicer must Published May 13, 2026 44 report the repurchase
      (and remit the funds) when the servicer repurchases an acquired property after
      it submits an REOgram™ to Fannie Mae and the mortgage loan has been removed
      from Fannie Mae’s investor reporting system records. Recent Related Announcements
      The table below provides references to recently issued Announcements that are
      related to this topic. Announcements Issue Date Announcement SVC-2023-05 October
      11, 2023'
  judgment: false
