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This update simplifies servicing by streamlining the Selling and Servicing Guides; revising pre-approval requirements for the reimbursement of additional publication costs; and more.
For a summary of key updates in this Servicing Guide Announcement, view the executive overview provided by Carlos Perez, Chief Credit Officer for Single Family.
This Lender Letter introduces a new imminent default evaluation that will simplify the evaluation process and provide a better experience for both servicers and borrowers.
The Servicing Guide has been updated today to reflect changes in how Fannie Mae reimburses publication costs incurred during the foreclosure process. These changes apply for the life of the default period and are effective for excess publication costs incurred on or after January 1, 2018, regardless of the foreclosure referral date. Each AAA Matrix will be updated and distributed prior to the effective date of this policy.
Access a list of servicing related policy updates and communications.
Access the Guide via the link below or AllRegs.com.
See a list of Guide forms and legal documents available to you.
See our Servicer Total Achievement and Rewards (STAR) Program.
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Keep up with the latest FAQs.
See investor reporting requirements and resources.
Find resources to prevent delinquency and manage default.