Servicing Guide

Published December 12, 2018

E-3.3-01: Completing Preforeclosure Sale Review (11/12/2014)

The servicer must review the mortgage loan history at least 30 days prior to the scheduled foreclosure sale to verify

  • compliance with all required delinquency management requirements in accordance with this Part and Part D of this Servicing Guide, and

  • that no approved payment arrangements or workout offers are pending or accepted.

The servicer must fulfill the delinquency management requirements or resolve outstanding workout offers prior to the foreclosure certification date referenced in E-3.3-02, Certifying the Status of Workout Negotiations Prior to Foreclosure Sale.