Filing Documents
Requirements
You must maintain Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! 's first Lien LienLien, mortgage, bond interest, pledge, security interest, charge, or encumbrance of any kind. security interest in the Personal Property Personal PropertyFurniture, fixtures, equipment, and other tangible personal property located on or used in connection with the Property. by filing all necessary UCC UCCUniform Commercial Code financing statements and continuations by the earlier of:
- the date any outstanding filing lapses; or
- any applicable jurisdiction filing deadline.
Guidance
For all Mortgage Loans Mortgage LoansMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 , you should effectively monitor
- UCC UCCUniform Commercial Code financing statements, and
- continuation filing deadlines.
Operating Procedures
Each Mortgage Loan Mortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 Servicing File Servicing FileYour file for each Mortgage Loan serviced. must include a file-stamped copy of the UCC UCCUniform Commercial Code financing statements filed for the Personal Property Personal PropertyFurniture, fixtures, equipment, and other tangible personal property located on or used in connection with the Property. , including
- initial filings,
- continuations,
- assignments, and
- other amendments.