101.03
Servicing File
Requirements
You must:
- maintain a separate Servicing FileServicing FileFile for each Mortgage Loan serviced by the Lender. for each 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. ; and
- permit Fannie Mae to periodically examine your Servicing FilesServicing FilesFile for each Mortgage Loan serviced by the Lender. .
Operating Procedures
The Servicing FileServicing FileFile for each Mortgage Loan serviced by the Lender. must:
1. Per the Multifamily Servicing File Content Requirements (Form 4800), include a copy of all
- 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. origination documents,
- underwriting documents,
- Loan DocumentsLoan DocumentsAll documents evidencing, securing, or guaranteeing the debt obligation executed for a Mortgage Loan and approved by Fannie Mae. , and
- servicing documents.
2. Fully document your actions for each 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. .
3. Be in paper or electronic imaged form.
4. Comply with all record retention requirements per the Program Rules.