Fannie Mae Form 1082 PDF Details

Though the Fannie Mae Form 1082 is not well known, it is an important document for buyers and sellers in mortgage transactions. This form is used to indicate who holds the mortgage note on a property. Knowing who holds the mortgage note is crucial in understanding who has the right to foreclose on a property. For buyers, it is important to know if the seller still owes money on the mortgage note, as this could affect their ability to purchase the property. For sellers, it is important to understand if they are still responsible for any payments on the mortgage note. If you are involved in a mortgage transaction, be sure to familiarize yourself with Fannie Mae Form 1082.

QuestionAnswer
Form NameFannie Mae Form 1082
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other nameswhat is a 1082 tax form, MBS, fanniemae, section 1082 basis adjustment

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Instructions

Notice of Property Acquired

The servicer uses this form to notify us about the acquisition of a property that was secured by a whole mortgage or a participation pool mortgage that we hold in our portfolio, an MBS pool mortgage serviced under the special servicing option, or an RHS mortgage serviced under the special servicing option. This form must be submitted electronically.

Related Link

Submit electronically via Asset Management Network: https://www.fanniemae.com/singlefamily/asset-management-network

Copies

Original only.

Printing Instructions

This form must be printed on legal size paper, using portrait format.

Instructions

Within 24 hours after a property is acquired at the foreclosure sale or by acceptance of a deed-in-lieu, the servicer must send notification to us. This worksheet should be filed in the individual mortgage file.

Instructions Page

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