5-14-18 Insights and Details from Beth Millstein and Her Team at Fannie Mae
b"On this episode of Lykken on Lending we have Beth Millstein, Fannie Mae's Director of Business Development within Single Family Business and her team.\\xa0\\n\\nTopics that will be discussed in the interview:\\nHow does a merger or acquisition impact Fannie Mae status? \\xa0Does it matter if one or both lenders are approved with Fannie Mae? \\xa0What are the lender\\u2019s obligations regarding notification?What are the motivations for some lenders to apply for Seller Only or Servicer Only status rather than Seller/Servicer status? \\xa0How does the process differ? Is this based on execution strategies?Misconceptions out in the market about execution options with Fannie Mae. \\xa0Can lenders sell to Fannie Mae on a servicing released option?The biggest QC issues with applicants.More detail\\xa0on how you look at de novos.Is it still true that a lender must have a $2.5 million net worth to get approved? \\xa0What about profitability?\\nBeth Millstein is Fannie Mae\\u2019s Director of Business Development within Single Family Business where her team is responsible for sourcing, evaluating and sponsoring new customer relationships. She and her team help lenders assess eligibility and readiness to sustain a relationship with Fannie Mae. Millstein also manages Fannie Mae\\u2019s national affinity and trade association business to business relationships.\\n\\nGet more details about this episode here.\\nOn this episode of Lykken on Lending we have Beth Millstein, Fannie Mae's Director of Business Development within Single Family Business and her team.\\xa0\\n\\nTopics that will be discussed in the interview:\\nHow does a merger or acquisition impact Fannie Mae status? \\xa0Does it matter if one or both lenders are approved with Fannie Mae? \\xa0What are the lender\\u2019s obligations regarding notification?What are the motivations for some lenders to apply for Seller Only or Servicer Only status rather than Seller/Servicer status? \\xa0How does the process differ? Is this based on execution strategies?Misconceptions out in the market about execution options with Fannie Mae. \\xa0Can lenders sell to Fannie Mae on a servicing released option?The biggest QC issues with applicants.More detail\\xa0on how you look at de novos.Is it still true that a lender must have a $2.5 million net worth to get approved? \\xa0What about profitability?\\nBeth Millstein is Fannie Mae\\u2019s Director of Business Development within Single Family Business where her team is responsible for sourcing, evaluating and sponsoring new customer relationships. She and her team help lenders assess eligibility and readiness to sustain a relationship with Fannie Mae. Millstein also manages Fannie Mae\\u2019s national affinity and trade association business to business relationships.\\n\\nGet more details about this episode here."