Warehouse Lender and Bailee Letter
The LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. may originate the 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 proceeds from a warehouse lender. If the warehouse lender submits the NoteNoteCurrent instrument evidencing a Mortgage Loan obligation, including Form 6010 (series), any other note approved by Fannie Mae, and all applicable addenda, schedules, and exhibits. to Fannie Mae pursuant to a bailee letter, the bailee letter must be acceptable to Fannie Mae.