Primary Changes

• Published Title and Closing Requirements for Multifamily Mortgage Loans (Form 4650) detailing updated requirements for:
  • acceptable title insurers;
  • ordering title commitments;
  • due diligence for the
    • Borrower's organizational documents, and
    • Property's title condition;
  • closing and funding Multifamily Mortgage Loans with the Title Company; and
  • the issued Title Policy.
• Updated Part II, Chapter 3, Section 304: Title Insurance requiring your compliance with Form 4650.

Questions

For questions, please contact: 

• the Fannie Mae Deal Team; or
• Gary Fordyce at (202) 752-8265, or [email protected].