Fannie Mae Selling Guide B3-4.3-13 — Sweat Equity
Fannie Mae Selling Guide B3-4.3-13 — Sweat Equity.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Selling Guide B3-4.3-13 — Sweat Equity — 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.
Fannie Mae Selling Guide B3-4.3-13 — Sweat Equity
B3-4.3-13, Sweat Equity (04/15/2014) Introduction This topic contains information on sweat equity. Sweat Equity Sweat Equity Generally, sweat equity is not an acceptable source of funds for the down payment, closing costs, and reserves, since it is difficult to accurately assess the contributory value of sweat equity work. Only for specific transactions and if all eligibility requirements are met does Fannie Mae consider sweat equity to be an acceptable source of funds. For further detail on the specific transactions and the eligibility requirements to be met, see Chapter B5–6, HomeReady Mortgage.
Operationalizing Fannie Mae Selling Guide B3-4.3-13 — Sweat Equity
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-b3-4-3-13/
· register fnma-sel-b3-4-3-13 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.