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SEL 10-10: Co-op Share Loan Documentation and Requirements for Document Custodians Update

Fannie May published Announcement SEL-2010-10, Selling Guide Updates, Fannie Mae published state-specific documentation requirements for all states in which Fannie Mae purchases co-op share loans. These requirements describe documents that must be delivered to the document custodian and documents that the lender must retain in the individual loan file. The requirements have been updated for Connecticut and three additional states have been added - Alaska, Indiana and Washington. The updated requirements can be found on eFannieMae.com.

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