101.03
Servicing File
Requirements
You must:
- maintain a separate Servicing FileServicing FileYour file for each Mortgage Loan serviced. 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 FilesYour file for each Mortgage Loan serviced. .
Operating Procedures
The Servicing FileServicing FileYour file for each Mortgage Loan serviced. 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 executed Fannie Mae-approved documents evidencing, securing, or guaranteeing the Mortgage Loan. , 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.