301.04C
No Reimbursement for Losses
Any losses incurred by the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g., the originator, the selling Lender, or a third-party servicer). will not be reimbursed by Fannie Mae nor permitted to be applied by the LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. in the calculation of any 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. loss claim.