Compliance News: FNMA Modifies MERS Mortgage Assignment (FNMA Form 3749)
Today, FNMA issued a selling news alert via email that states the following in relevant part (Subject: October 23 Selling News: DU Release in December; New APIs; and More):
“We updated the definition of mortgage in the MERS® Mortgage Assignment (Maine) Form 3749 and edited the accompanying instructions to align with the revision….