RC_LA_ST_300.2 Investor Requirements for Servicing Transfers

1-5 CMB Points Advanced Education Loan Administration & Servicing Residential Residential Certified Mortgage Servicer (RCMS) Self-Study Web-Based Courses
Share to
Option Price
Member $50.00
Non-Member $100.00

An investor is any person or institution that invests in mortgages or mortgage-backed securities. When discussing mortgage loan servicing, the term investor commonly refers to government agencies such as Ginnie Mae; government-sponsored enterprises (GSEs), including Fannie Mae and Freddie Mac; and private investors. It should be standard procedure for all servicers, both buyers and sellers, to obtain and follow the investor's guidelines for each transfer. Timelines, forms, fees, and due diligence are all components that need to be attended to precisely in order to achieve success. Each servicer builds a history with each transfer, which influences the servicer's ability to participate in future transfers.

Investor Requirements for Servicing Transfers discusses standard requirements that most private investors have for servicing transfers. It then provides an overview of guidelines specific to Fannie Mae, Freddie Mac, and Ginnie Mae. As applicable, the approval process, buyer and seller requirements, delivery requirements, and document custodian requirements for the various investors are discussed.

This is a single-family/residential course.

Topics:

  • Private Investors
  • Fannie Mae Requirements for Servicing Transfers
  • Freddie Mac Requirements for Servicing Transfers
  • Ginnie Mae Requirements for Servicing Transfers

Seat time approximately 30 minutes.

Copyright 2024.

Pardon our Dust!

MBA is conducting scheduled maintenance on our website beginning on the evening of October 4th through the weekend. During this time, you may experience disruptions as we make updates to our system. The following systems and functions will be impacted:

  • The ability to purchase products, register for meetings, or enroll in webinars or courses
  • The ability to view or make any updates to your account via MyMBA

Thank you for your patience and for visiting MBA.org. OK