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What's New

  • Servicing Guide Updates new

    The Servicing Guide was updated on Feb. 13 to provide changes related to foreclosure time frames and compensatory fee requirements previously communicated in Announcement.

  • Fannie Mae Modification Interest Rate Adjustment Update new

    This Exhibit provides the new Fannie Mae Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.

  • Top FAQs for borrower-initiated MI termination using SMDU

    Borrower-initiated mortgage insurance (MI) termination is now simplified to save both time and cost without adding risk. Effective Jan. 1, servicers are encouraged to implement MI termination policy based on Original Value; MI termination policy based on Current Value, coming Mar. 1; however, implementation is required by Sept. 1, 2019.

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