Fannie Audited Financial Statement


On May 8, Fannie updated audited financials, references, lender forms.


  • Fannie issued SVC-2024-03 to update audited financials, reference and lender forms.
  • Follows SEL-2024-03 on audit financial statement submission requirements, #210750.
  • Audited Financial Statements
  • Guide to clarify the submission requirements for annual audited financial statements.
  • Issued form to verify credit/business references (Form 1001), record data (Form 582).
  • Impacted Guide A3-1-01 and A3-1-01 on maintaining Fannie seller/servicer status.
  • Effectiveness
  • Sellers/servicers encouraged to implement immediately; must do so by Aug. 1, 2024.

Regulators Fannie
Entity Types Bank; MG Orig; Servicer; Thrift
Reference PR, Lt SVC-2024-03, 5/8/2024; Form 1001, 582;
Functions Audit; Compliance; Financial; Legal; Operations; Reporting
Countries United States of America
Category
State
Products Banking; Loan; Mortgage
Regions Am
Rule Type Final
Rule Date 5/8/2024
Effective Date 8/1/2024
Rule Id 211518
Linked to Rule :210750
Reg. Last Update 5/8/2024
Report Section US Banking

Last substantive update on 05/13/2024