Fannie Mae Revises West Virginia Security Instrument

Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment charges, and late charges), paragraph 2(a) (pertaining to application of payments or proceeds-voluntary prepayments; application of payments or proceeds), and paragraph 26(c) (pertaining to acceleration-remedies; notice of sale-sale of property). The changes went into effect March, 2025.

Click to view the Fannie Mae Selling News-Legal Documents News and Updates Archive: https://www.tenaco.com/wp-content/uploads/2025/04/Fannie-Mae-Selling-News-Legal-Documents-News-and-Updates-Archive-04-01-25.pdf

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