Fannie Mae Servicing Guide D1-4.1-01 — Determining Whether a Transfer of Ownership Is Permitted
Fannie Mae Servicing Guide D1-4.1-01 — Determining Whether a Transfer of Ownership Is Permitted.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide D1-4.1-01 — Determining Whether a Transfer of Ownership Is Permitted — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Servicing Guide D1-4.1-01 — Determining Whether a Transfer of Ownership Is Permitted
D1-4.1-01, Determining Whether a Transfer of Ownership Is Permitted (11/12/2014) Introduction This topic contains information on determining whether a transfer of ownership is permitted. For purposes of enforcing the due-on-sale (or due-on-transfer) provision, if any, in the security instrument, the servicer must consider all of the following situations to be a transfer of ownership: the purchase of a property “subject to” the mortgage loan, the assumption of the mortgage loan debt by the property purchaser, any exchange of possession of property under a land sales contract or any other land trust device, and in cases in which an inter vivos revocable trust is the borrower, any transfer of a beneficial interest in the trust. When the servicer receives a request for a statement of account in connection with a possible transfer of ownership of a property, or if the servicer learns after the fact that a transfer has occurred, the servicer must take the actions listed in the following table. ✓ The servicer must... Review the mortgage loan instruments to determine whether the mortgage loan is subject to enforcement of the due-on-sale (or due-on-transfer) provision. Investigate any questionable changes to determine whether a transfer of ownership has occurred. Determine whether any action needs to be taken to enforce the due-on-sale (or due-on-transfer) provision. The statement of account that the servicer issues in connection with a possible transfer must clearly state the items listed in the following table. ✓ The statement of account must clearly... State Fannie Mae’s right to enforce the due-on-sale (or due-on-transfer) provision, if applicable. Describe Fannie Mae’s policy regarding enforcement of due-on-sale (or due-on-transfer) provisions. Describe any exceptions or limiting conditions to the policy.
Operationalizing Fannie Mae Servicing Guide D1-4.1-01 — Determining Whether a Transfer of Ownership Is Permitted
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fnma-svc-d1-4-1-01/
· register fnma-svc-d1-4-1-01 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.