Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Direct Surety Bond
Fannie Mae
Updated 10-31-2026
Direct Surety Bond
A class of bond that is written to afford protection for the direct acts of the principal in the event of a loss caused by the principal's negligence, lack of ability, or dishonest act.
Fannie Mae Glossary of Terms
Fannie Mae · p. 12
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