Fannie Mae Single Family Selling Guide B3-4.2-04, Pooled Savings (Community Savings Funds) (04/01/2009)

fnma-sel-b3-4-2-04

Fannie Mae Single Family Selling Guide topic B3-4.2-04 (Pooled Savings (Community Savings Funds)). Gap-fill (verbatim, ID-diff).

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Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Single Family Selling Guide B3-4.2-04, Pooled Savings (Community Savings Funds) (04/01/2009) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

Fannie Mae Single Family Selling Guide B3-4.2-04

Introduction This topic contains information on pooled savings (community savings funds). Pooled Savings (Community Savings Funds) Pooled Savings (Community Savings Funds) Funds from a community savings account or any other type of pooled savings may be used for the down payment if the borrower can document regular contributions to the fund. Acceptable documentation includes written confirmation from the party managing the pooled savings fund and documentation of regular borrower contributions. The borrower’s obligation to continue making contributions to the fund must be considered as part of the borrower’s debt when calculating the total debt-to-income ratio. Recent Related Announcements There are no recently issued Announcements related to this topic.

Source: Fannie Mae Single Family Selling Guide B3-4.2-04, Pooled Savings (Community Savings Funds) (04/01/2009) · source URL · snapshot 5f7b8b79da595d76

Operationalizing Fannie Mae Single Family Selling Guide B3-4.2-04, Pooled Savings (Community Savings Funds) (04/01/2009)

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/fnma-sel-b3-4-2-04/ · register fnma-sel-b3-4-2-04 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.