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A sample fannie Mae repurchase letter?

Updated: 9/18/2023
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12y ago

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01/11/2012

ABC Mortgage Company

6543 Street

Dallas Tx 75022

Repurchase Request

Origination Loan Number: 123456789

Issuer Loan Number: 987654321

Borrower Name: John Doe

Property Address: 1234 My Street

Dallas TX 75098

To Whom It May Concern:

On behalf of FANNIE MAE, identified a breach of the Representations and Warranties that were made by you, the original mortgage loan seller, ABC MORTGAGE COMPANY.

Pursuant to the Mortgage Loan Purchase Agreement, Ace Risk requests that this loan be reviewed for repurchase based on the following issues:

This loan case file is ineligible for FHA financing, as the seller contributions exceed the maximum allowed by FHA guidelines. Amounts in excess of current guidelines should be entered as Seller Concessions.

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