FANNIE MAE *JUST PUBLISHED THIS 1,334 PAGE SELLER'S GUIDE*

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FANNIE MAE *JUST PUBLISHED THIS 1,334 PAGE SELLER’S GUIDE*

FANNIE MAE *JUST PUBLISHED THIS 1,334 PAGE SELLER’S GUIDE*

https://www.fanniemae.com/content/guide/sel072914.pdf
ATTACHED PDF IS DOWNLOADED FROM ABOVE LINK – YOU CAN DOWNLOAD IT DIRECTLY

Major web page: ” Printed copies may not be the most current version.  For the most current version, go to the onilne version at https://www.fanniemae.com/singlefamily/originating-underwriting

IN THE ATTACHED PDF, SEARCH ON “NOTE ENDORSEMENT” AND “ASSIGNMENT”

CRITICAL SECTIONS:
Page
B8-3-02, Special Note Provisions and Language Requirements (08/20/2013)          974
B8-3-03, Signature Requirements for Notes (10/22/2013)                                                 975
B8-3-04, Note Endorsement (12/20/2011)                                                                                977
– Note Endorsement
– Using an Allonge for the Endorsement
– Signature Requirements for Endorsements
B8-6. Mortgage Assignments                                                                                                           995
B8-7, Mortgage Electronic Registration System (MERS)                                                  1001

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2 Responses to “FANNIE MAE *JUST PUBLISHED THIS 1,334 PAGE SELLER’S GUIDE*”

  1. Charles Reed says:

    You see the Fannie is stating that there name must be listed as the “holder in due course” and that because they are purchasing these loans, but in no cases are the Notes endorsed to Ginnie Mae at all, and there lays the proof of the Ponzi scheme they have going on!

    Ginnie requires that the Notes be endorsed in blank, but it causes the contracts to no longer exist because the Notes are only Notes if they have a debt owned to the holder of the debt.

    So we know with the seizing of Washington Mutual Bank (WaMu) that the 1.3 million government insured loans, that were being serviced by Wells Fargo but the blank Notes at the start of the Securities were suppose to be relinquish to Ginnie. However we know for sure that on Jul 31, 2006 that these blank Notes were separated from WaMu as there was this servicing agreement that was carried out, but the Notes were separated and belonged to Ginnie.

    On Sept 25, 2008 the world was shown that WaMu was not in physical possession of the blank Notes and that the custodian of records in Wells Fargo possess these blank Notes, with no endorsement all but blank!

    Game over!

  2. This comment was sent to me by a friend!!
    See pages 972-979 requirements for Notes. Remember Sjolander saying that Countrywide/BAC Home Loans Servicing/BANA followed allregs. Allregs is the Fannie Mae and Freddie Mac system of rules. Whether or not this was in allregs at the time Clinton’s or Steve’s Notes were stamped, check this out with respect to Powers of Attorney on page 979:

    The mortgage seller may not delegate to an attorney-in-fact its authority to execute an
    endorsement. The endorsement may not be executed by a party using a power of attorney.

    Also, notice that stamps may not be used (infra, pages 972-979.)

    Also notice how heavily Fannie Mae (a shareholder) relies on MERS as “nominee” (later in the Guide, pages 995, et seql, 1001, set seq.)

    This is a treasure.

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