Fannie Mae Issues Selling Guide Announcement SEL-2021-09

Fannie Mae issued Selling Guide Announcement SEL-2021-09 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae modified the permitted homeownership education and counseling providers to allow qualified third parties to administer homeownership education and counseling, no longer requiring the sole use of the Framework program. In addition, Fannie Mae removed references to constant maturity treasury indexed-ARMs and replaced references to the Software Subscription Agreement Master Terms and Conditions with a new Consolidated Technology Licensing Guide. Revisions related to homeownership education and counseling providers are effective January 1, 2022. All other revisions are effective immediately.

Click to view the Fannie Mae Selling Guide Announcement SEL-20201-09: https://www.tenaco.com/wp-content/uploads/2021/10/Fannie-Mae-Selling-Guide-Announcement-SEL-2021-09-10-06-21.pdf

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