Your Web browser must be set to enable Java™ and JavaScript™ and to accept cookies. The Guide Update is effective for loans that are committed on and after March 31, 2014. The Fannie Mae multifamily guide below offers real estate investors a one-stop shop informational guide to commercial real estate loans in a consistently straightforward manner. DUS Navigate® is your portal to the new Guide. 214.04 Reporting the Payoff and Remitting the Payoff Funds. 711.02 Eligibility. applies Fannie Mae’s guidelines in a consistent, equitable, and legal manner. How do I access the mobile version of DUS Navigate? Deals registered through July 31, 2019 must use the PDF version of the previous Guide on this page. Submit deals into Fannie Mae for consideration and receive Fannie Mae responses online. Multifamily Credit Risk Management. Click on the any chapter or section title and the content will display on the right-hand side. Servicing Guide. From within a specific chapter or section, there is a related documents icon directly below the chapter or section name. During a year of pandemic-related disruptions to the nation’s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers … However, some functionality (e.g., viewing Form 4660) requires log in access, which can be requested through the Technology Manager. 307.03 C Using Checks. The Fannie Mae DUS Multifamily Loan program is one of the single largest sources of capital to the multifamily housing market. We updated our pre- review categories and defined our new underwriting requirements to provide maximum clarity — making it easier for you to deliver loans. We restructured the Guide to maximize delegation and deliver an improved customer experience. Please note that the Web Chat and Share My Desktop links are only available to registered technology application users. If the GuideGuideMultifamily Selling and Servicing Guide and Delegated Underwriting and Servicing Guide, including any exhibits, appendices, or other referenced forms, as updated, amended, restated, modified, or supplemented; however, for any topic in the Multifamily Selling and Servicing Guide, that Guide shall… does not specify a category, then the information is a requirement. Access the Guide. Print/Download Guide; HIDE MENU SHOW ... 214.03 B Fannie Mae Will Not Confirm Nor Is Responsible for Amounts Owing to Servicer. (see Part I, Chapter 2: Mortgage Loan, Section 203: Pre-Review Mortgage Loans). Natural or man-made hazard resulting in an event of substantial extent causing significant physical damage or destruction, loss of life, or drastic change to the natural environment such as earthquake, flood, terrorist attack and windstorm. Statement on Fannie Mae's 2021 Duty to Serve Plan from Jeffery R. Hayward, Executive Vice President and Chief … In exchange, Fannie Mae and Freddie Mac are allowing multifamily landlords (whose loans are financed by Freddie or Fannie) to defer loan payments up to 90 days due to hardship related to COVID-19. Part I Mortgage Loan Chapter 1 ... it must be secured by a multifamily residential property that meets all of the following: ... debt obligation evidenced, or when made will be evidenced, by the Loan Documents or a mortgage debt obligation with a Fannie Mae credit enhancement. DUS Navigate is accessible to all users. Items per page. Small Loan: Freddie Mac sub $7.5M / Fannie Mae sub $6M Freddie: LTV > 65% 12 months LTV < 65% 6 months and can be waived by Freddie Mac on an exception basis Fannie: LTV > 65% 18 months LTV 56%-65% 6 months LTV < 55% not required Conventional … Have a question? 214.04 A Reporting Full Payoff Amount Through the eServicing System Due By 2nd Business Day of Month. 214.04 A Reporting Full Payoff Amount Through the eServicing System Due By 2nd Business Day of Month. Multifamily sets prudent underwriting standards and regularly reevaluates them as necessary to address credit tolerances ... **Source: Fannie Mae. We updated our pre- review categories and defined our new underwriting requirements to provide maximum clarity — making it easier for you to deliver loans. 214.03 D No Quote to Borrower Until Fannie Mae Confirmation. Diversity … there are no proceedings – pending or contemplated – to partially or totally condemn the, the credit reports and financial statements relating to the. If the 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. December 21, 2017 Fannie Mae Files Form 8-K with SEC Addressing Increase in Capital Reserve and Impact of Tax Legislation on the Company's Deferred Tax Assets . Visit Selling and Servicing Guide Communications and Forms. 214.03 B Fannie Mae Will Not Confirm Nor Is Responsible for Amounts Owing to Servicer. 214.03 C Fannie Mae Confirmation of Full Payoff Amount. How can I bookmark favorite content I frequently access? You must perform a non-conforming use analysis and comply with Part II, Chapter 4: Legal Compliance, Section 401: Zoning and Legal Non-Conforming Selling & Servicing Guide; Filters. For more information, see the Technology Manager website. 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