Documenting the Property Management Change
Unless the change in property management is through a court-appointed receiver, the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g., the originator, the selling Lender, or a third-party servicer). must send an original Assignment of Management Agreement (Form 4508) for the proposed new property management company executed by the BorrowerBorrowerPerson who is the obligor under the Note. and information regarding the new property management company to Fannie Mae Special Asset ManagementSpecial Asset ManagementTeam that performs the work of the Special Servicer for Fannie Mae that can be contacted at [email protected] to effect a change in PropertyPropertyMultifamily residential property securing the Mortgage Loan and including the land (or Leasehold interest in land), Improvements, and personal property (as defined in the Uniform Commercial Code). management.