Audited Financial Statement (AFS), Form 582, & Form 1001
Seller/servicers must demonstrate, on an annual basis, their financial adequacy along with providing information to verify they continue to meet Fannie Mae’s basic eligibility and compliance requirements, as outlined in the Selling Guide section A4-1-02.
This includes submitting the Audited Financial Statement (AFS) and the Lender Record Information (Form 582) no later than 90 days after the end of the seller/servicer’s fiscal year. The Verification of Credit and Business References (Form 1001) may also be required. Full details are listed below.
Form Access & More Information
Audited Financial Statement (AFS)
The Audited Financial Statement (AFS) site is a streamlined process for directly submitting the confidential AFS file to Fannie Mae.
Access requirements
Access to the Audited Financial Statement (AFS) site requires Form 582 Submitter access to login and submit the file. If you do not have access, request someone with this access to submit the AFS file on your behalf or register for Form 582 access by contacting your company’s corporate administrator.
Can I still submit AFS files though email?
No, this process requires submission through the AFS site. The Audited Financial email box is still available to send questions and other documents
Lender Record Information (Form 582)
The Lender Record Information (Form 582) app allows you to prepare your annual certification and submit it electronically to Fannie Mae.
Access requirements
To register for Form 582 access, contact your company’s corporate administrator. Once registered, you can setup your password and update your personal profile via Technology Manager.
Need to make an update?
Keep us informed of updates or changes that occur outside the annual submission by updating the Form 582 and notifying Fannie Mae within five business days of the occurrence of events listed in Selling Guide section A4-1-02.
Authorization for Verification of Credit and Business (Form 1001)
After the initial submission, Form 1001 is required to be resubmitted only if there is a change in the sellers/servicers principal officers, partners, and/or owners who directly or indirectly have a 5% or more interest in the company and within five business days of the change.
Form 1001 should be sent to the Organization Change email box.
Help & Training
Manage Account
- Form 582
-
Audited Financial Statement (AFS)
-
Form 1001
Have a question? Access the page below to contact the Technology Support Center for help.
Technology Terms & Conditions
The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. A PDF version of the Guide and other related content is available on the Consolidated Technology Guide page.
