This is a single-family/residential course.
MBA Education is dedicated to accommodating today's busy professional by offering short, accessible learning programs that can be completed in less than an hour. Content in this course is derived from Essentials of Investor Reporting, which is no longer available for retail purchase.
The focus of Investor Reporting Requirements: Fannie Mae is on Fannie Mae's investor reporting requirements. It will introduce you to terms and specific data requirements to ensure successful monthly Fannie Mae reporting and reconciliation.
Along with Freddie Mac, Fannie Mae is a government-sponsored enterprise chartered by Congress with a mission to provide liquidity, stability, and affordability to the U.S. housing and mortgage market. Fannie Mae does this by operating in the secondary mortgage market, purchasing closed loans from lenders and funding mortgage investments primarily by issuing debt securities in the capital markets. The GSEs purchase FHA, VA, RHS/USDA, and conventional loans. Fannie Mae purchases loans under actual/actual, scheduled/actual, or scheduled/scheduled remittance options.
Originally established as a federal agency in 1938, Fannie Mae was chartered by Congress in 1968 as a private shareholder-owned company. In September 2008, as a result of the mortgage crisis, Fannie Mae (and Freddie Mac) were placed under conservatorship of the Federal Housing Finance Agency (FHFA).
- Communication with Fannie Mae
- Reporting to Fannie Mae
- Servicing Transfers
Seat time approximately one (1) hour.