Servicing Guide

Published September 18, 2018

D1-6-01: Requesting to Waive Certain Rights under the Mortgage Loan (11/12/2014)

This topic contains information on requesting to waive certain rights under the mortgage loan.

The servicer must not approve any requests that waive, release, or would result in any changes to

  • the covenants or restrictions in the security instrument,

  • any obligation that the borrower has under the note or security instrument,

  • any of the noteholder’s rights to receive certain notifications, or

  • the provisions of the legal documents for a condo, PUD, or co-op project.

The servicer must refer all such requests to Fannie Mae’s SF CPM division (see F-4-03, List of Contacts).