Servicing Guide

Published December 11, 2019

D2-4-02: Reporting a Workout Option to Fannie Mae (12/16/2015)

This topic contains information on reporting a workout option to Fannie Mae.

The servicer must report certain mortgage loans that receive a workout option to Fannie Mae. The servicer must follow the procedures in F-1-23, Reporting a Workout Option via Fannie Mae’s Servicing Solutions System for the requirements for reporting the applicable workout option to Fannie Mae.

Additionally, the servicer must report receipt of Trial Period Plan payments to Fannie Mae in a timely manner particularly for MBS mortgage loans that are not subject to Fannie Mae’s automatic reclassification process as discussed in A1-3-06, Automatic Reclassification of MBS Mortgage Loans.

Related Announcements

The following table provides references to Announcements that are related to this topic.

Announcements Issue Date
Announcement SVC–2015–15 December 16, 2015