Code of Massachusetts Regulations
761 CMR - MASSACHUSETTS HOME MORTGAGE FINANCE AGENCY
Title 761 CMR 20.00 - Eligibility Guide
Section 20.02 - FNMA, FHLMC Approved Seller/Servicers
Universal Citation: 761 MA Code of Regs 761.20
Current through Register 1531, September 27, 2024
(1) if the Mortgage Lender sells or services any FHA or VA Mortgage Loans for MHMFA under this Agreement, it is an approved seller and servicer of FHA insured or VA guaranteed Mortgage Loans to and for FHLMC or FNMA, or it has obtained a written waiver from MHMFA from the requirements of 761 CMR 20.02(1);
(2) if a Mortgage Lender sells or services any FHA Mortgage Loans for MHMFA under this Agreement, it is an FHA approved mortgagee;
(3) if a Mortgage Lender sells or services any VA Mortgage Loans from MHMFA under this Agreement, it is:
a. a "Supervised Lender" as classified by VA under Section 500 (d) of the Servicemen's Readjustment Act; or
b. an FHA approved mortgagee.
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