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Application for Active Document Custodianship (Form 2008): PDF

Application for Active Document Custodianship (Form 2008): PDF-2025

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The document outlines the application process for becoming an Active Document Custodian for Fannie Mae. It details the required supporting documentation, eligibility criteria, and operational requirements that applicants must fulfill. The application must be submitted to Fannie Mae, which will review it and communicate approval or denial within 20 business days. Key attachments include a Master Custodial Agreement, insurance policies, vault fire ratings, and organizational charts.

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What is a document custodian litigation?

Organizations typically do not have an employee with the specific title of custodian of records. Instead, the organizations custodian is the individual whom the organization produces in litigation to testify about its documents (often in response to a subpoena or deposition notice).

What are custodial documents?

Custodial documents are the legal documents pertaining to a mortgage that the document custodian takes into physical possession when Fannie Mae purchases or securitizes a mortgage. The following mortgage documents (when applicable) are required for all mortgages. Requirement.

What is a document custodian form?

California Copy Certification By Document Custodian This procedure allows a person in permanent possession of an original document to sign a written declaration that a copy of it is identical to the original, and take an oath or affirmation before the Notary.

Who is the documents custodian?

Document custody overview While custodians manage security and access to physical documents, most documents for custody are now electronic. To maintain their integrity and security, a custodian stores these in a secure repository accessible to authorized users through a secure online portal.

What does a document custodian do?

The document custodian certifies the complete and accurate representation of the documents within its control. Under the terms of the Master Custodial Agreement, documents may be released to the Issuer from time to time in connection with servicing.

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