Loan Document Compliance
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. , you must:
- monitor the Borrower'sBorrower'sPerson who is the obligor per the Note. compliance with all Loan DocumentLoan DocumentAll documents evidencing, securing, or guaranteeing the debt obligation executed for a Mortgage Loan and approved by Fannie Mae. terms and conditions; and
- appropriately address noncompliance.