Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales

fnma-svc-a4-2-1-03

Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales.

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Verbatim regulatory text (1)

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.

Source: Fannie Mae Servicing Guide A4-2.1-03 — Managing Short Sales · source URL · snapshot cf63a82bbb4adfba

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.