Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales
Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales — 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 Servicing Guide A4-2.1-03 — Managing Short Sales
A4-2.1-03, Managing Short Sales (06/21/2017) All properties being considered for a short sale must be listed on the applicable MLS that covers the geographic area in which the property is located for a minimum of five consecutive calendar days, including one weekend (i.e., Saturday and Sunday), prior to the servicer submitting the short sale recommendation to Fannie Mae for review. Note: If the geographic area in which the property is located is not covered by MLS, the property must be advertised in a manner customary for that real estate market. A printed copy of the property listing must be kept in the mortgage loan servicing file. Recent Related Announcements There are no recently issued Announcements related to this topic.
Operationalizing Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales
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-svc-a4-2-1-03/
· register fnma-svc-a4-2-1-03 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.