FNMA Guidelines definition
Examples of FNMA Guidelines in a sentence
The minimum coverage under any such Fidelity Bond and insurance policy shall be at least equal to the corresponding amounts required by FNMA in the FNMA Guidelines or by FHLMC in the FHLMC Sellers’ and Servicers’ Guide.
To the extent that original documents are not required to be maintained under applicable law or not otherwise required for purposes of realization of Liquidation Proceeds or Other Insurance Proceeds, documents maintained by the Servicer may be in the form of microfilm or microfiche or such other reliable means of recreating original documents, including but not limited to, optical imagery techniques so long as such means comply with the requirements of the FNMA Guidelines, as amended from time to time.
Broker has established policies and procedures to comply with all applicable federal, state and local laws and regulations as well as applicable FNMA Guidelines, FHLMC Guidelines, HUD Guidelines, VA Guidelines and Investor Guidelines.
Effective not later than April 1, 2010, Lender will make available to Broker a conforming fixed-rate, fixed term, fully amortizing refinance (including cash-out refinance) Mortgage Loan product in all 50 states (excluding Washington D.C.), with such Mortgage Loan product having the characteristics required by the FHLMC Guidelines and FNMA Guidelines so that each Mortgage Loan qualifies as salable to FHLMC or FNMA.