418.07
Expanded Housing Choice
A Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. with an Expanded Housing Choice pricing incentive requires additional annual monitoring. The ServicerServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must:
- receive a Supplemental Annual Loan Agreement Certification (Expanded Housing Choice) (Form 6620.Supplemental.Expanded Housing Choice) from the BorrowerBorrowerPerson who is the obligor per the Note. ;
- retain Form 6620.Supplemental.Expanded Housing Choice in its Servicing FileServicing FileYour file for each Mortgage Loan serviced. ; and
- submit a Non-Monetary Default Borrower Request in the MAMPMAMPMultifamily Asset Management Portal used to submit Property inspections, operating statements, requested modifications, asset management reports, and data corrections for loan or property attributes. , with a copy of any BorrowerBorrowerPerson who is the obligor per the Note. notice, for failure to submit Form 6620.Supplemental.Expanded Housing Choice.