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Is a loan eligible for sale to Fannie Mae if the lender purchased the loan from a correspondent that did not comply with AIR in originating that loan?

April 26, 2017air comply correspondent eligible Fannie Mae for sale Lender loan originating

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Is a loan eligible for sale to Fannie Mae if the lender purchased the loan from a correspondent that did not comply with AIR in originating that loan?

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No. It is the lender’s responsibility to ensure that loans it purchases with intent to deliver to Fannie Mae comply with AIR and all of our Fannie Mae Selling Guide requirements.