FNMA Selling Guide A2-1-01 — Contractual Obligations for Sellers/Servicers
FNMA Selling Guide A2-1-01 establishes the foundational legal relationship between [LENDER] (seller/servicer) and Fannie Mae: executed MSSC (Mortgage Selling and Servicing Contract), incorporation-by-reference of the Selling Guide, Servicing Guide, Supplements, Announcements, Lender Letters; special-approval requirements for co-op share / HomeStyle Renovation / eMortgages / SMP bifurcation servicers; Lender Contract integration and non- divisibility; and joint-and-several responsibility on servicing transfers. Fills FNMA Selling A2-1 chapter gap.
Verbatim regulatory text
Verbatim provisions from FNMA Selling Guide A2-1-01 — Contractual Obligations for Sellers/Servicers — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FNMA Selling Guide A2-1-01 — Execute MSSC and any other relevant agreements
both parties execute the Mortgage Selling and Servicing Contract (MSSC) and any other relevant agreements.
FNMA Selling Guide A2-1-01 — Special approval required for co-op / HomeStyle / eMortgages / SMP bifurcation
Sellers/servicers may not sell or service these loan types unless they obtain the applicable special approval and execute any additional agreements required by Fannie Mae.
FNMA Selling Guide A2-1-01 — Lender Contract is a single, integrated contract
form a single, integrated contract
FNMA Selling Guide A2-1-01 — Selling and Servicing obligations integrated, cannot be separated
are integrated and cannot be separated from the seller’s or seller/servicer’s benefits and obligations to sell loans under the Lender Contract.
FNMA Selling Guide A2-1-01 — Joint-and-several responsibility on servicing transfer
the transferor and transferee are jointly and severally responsible for all selling representations, warranties, and obligations related to the transferred loans, including those that arise before delivery of the loans to Fannie Mae; and • the transferee is jointly and severally responsible for all servicing obligations and liabilities of the transferor, including those that arise before delivery of the loans to Fannie Mae.
Operationalizing FNMA Selling Guide A2-1-01 — Contractual Obligations for Sellers/Servicers
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fnma-sel-a2-1-01/
· register fnma-sel-a2-1-01 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.