Fannie Mae LIBOR indices were issued by Fannie Mae and were used as an index for a number adjustable rate mortgage (arm) products. Fannie Mae published monthly values for five indices: 1-month LIBOR, 3-month LIBOR, 6-month LIBOR, 12-month LIBOR, and 12 Month Average of 1-month LIBOR.
Fannie Mae’s home price index is a weighted repeat transactions index, measuring average price changes in repeat sales on the same properties.
Inquiry Management: The Inquiry Response Tool provides our business partners the ability to submit, track and communicate with Fannie Mae on expense reimbursement claims. If you have a question or require a status on an existing claim, excess fee or cost, please submit your inquiry. Your request will be captured and responded to within the tool.
Fannie Mae Sallie Mae SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans.
Please note: While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae’s Selling Guide Servicing Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae’s policies and procedures, and should be adhered to in the event of discrepancies between information provided by this service and the Guides.
DO/DU Updates View new and updated DU Release Notes, FAQs and more. View Release Notes
Fannie Mae buys loans from approved mortgage sellers and securitizes them; it then sells the resultant mortgage-backed security to investors in the secondary mortgage market, along with a guarantee that the stated principal and interest payments will be timely passed through to the investor. .
Mortgage Loan Mortgage Loan Mortgage 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 an interest rate that periodically adjusts based on an Index Index Basis for determining the Gross Note Rate of an ARM Loan. per the Note Note Current.
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Requirements are mandatory conditions that must be satisfied for all Lender Lender Person approved by Fannie Mae to sell or service Mortgage Loans.-delegated Mortgage Loans Mortgage Loans Mortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents or a mortgage debt obligation with a Fannie Mae credit enhancement.