Servicing sale manual 2026

See details

4.8 out of 5

140 votes

The document is the 'MPF Concurrent Servicing Sale Manual' for Colonial Savings, revised on August 15, 2012. It outlines the procedures and requirements for participating in the Mortgage Partnership Finance (MPF) program, specifically focusing on concurrent servicing sales. The manual details the approval process for Participating Financial Institutions (PFIs), pricing schedules for servicing released premiums, mortgage origination and purchase guidelines, document custody protocols, servicing transfer provisions, and responsibilities of selling PFIs. It also addresses defects and remedies related to loan servicing and provides contact information for relevant parties involved in the process.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out servicing sale manual with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the servicing sale manual in the editor.
Begin with Chapter 1, Overview. Familiarize yourself with the organization of the manual and ensure you understand the structure of the servicing sale process.
Proceed to Chapter 2, PFI Approval. Fill out the required information for new or existing PFIs as per your status.
In Chapter 3, Servicing Released Premium (SRP) / Pricing Schedule, locate and input the relevant SRP details based on your transactions.
Continue through Chapters 4 to 9, ensuring that each section is completed accurately. Pay special attention to documentation requirements in Chapter 5 and servicing transfer provisions in Chapter 6.
Review all entries for accuracy before finalizing your document. Use our platform's features to highlight any sections that require further attention or clarification.

Start editing your servicing sale manual today for free and streamline your document processes!

See more servicing sale manual versions

We've got more versions of the servicing sale manual form. Select the right servicing sale manual version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2012	4.8 Satisfied (140 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is fair servicing Fannie Mae?

Fair servicing includes an expectation that all borrowers are treated consistently and fairly throughout the loan servicing process. It includes compliance with fair lending and housing laws and other applicable consumer protection laws.

What is a Fannie Mae servicer?

The servicer services Fannie Mae mortgage loans as an independent contractor and not as an agent, assignee, or representative of Fannie Mae.

What are Fannie Maes guidelines?

Fannie Mae guidelines: At a glance Minimum RequirementConventional purchaseConventional refinance Down payment 3% N/A Credit score 620 Rate-and-term refinance: 620 Cash-out refinance: 640 DTI ratio 45% to 50% 45% to 50% Maximum LTV 97% Rate-and-term refinance: 97% Cash-out refinance: 80%

How do banks sell mortgages to Fannie Mae?

Banks may sell loans to Fannie Mae individually or pooled with other loans, directly or through intermediaries. Fannie Mae funds its operations and loan loss reserves largely through fees, which banks may pass through to borrowers.

What is a mortgage servicing agreement?

Mortgage servicing rights surface when the original mortgage lender sells the right to service a mortgage to another party. This third party, a mortgage servicing company, specializes in specific mortgage functions, all done through a contractual agreement.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

What is the difference between FHA and Fannie Mae?

For all fixed-rate loans, the minimum servicing fee is 25 basis points (. 25%) and the maximum servicing fee is limited to 50 basis points (. 50%). For ARM loans, the minimum servicing fee is 25 basis points (.

Servicing sale manual 2026

Here's how it works