Applications & Technology

Asset Management Network

An effective way to report Loss Mitigation required by the Fannie Mae Servicing Policy

Designed for mortgage servicers and vendors, Fannie Mae’s Asset Management Network  (AMN) application features tools for submission of Fannie Mae loss mitigation workout cases via the Internet. AMN also enables servicers and vendors to report delinquencies each month, as well as submit REO Notifications per Servicing Policy.

Asset Management Network Availability

Every day, 8 a.m. to 10 p.m. ET. Loan modifications that close between 8 p.m. and 10 p.m. ET will bridge to Investor Reporting the following night. Files are processed Monday through Saturday. No processing occurs Sunday. Due to SIR Loanfinder maintenance, HSSN Case creation will be unavailable from 8 p.m. to midnight ET on the second business day of each month.

All Technology Application Availability
HSSN Retirement Preparedness

Effective December 31, 2020, Fannie Mae will retire the loan workout reporting and related functionality in HomeSaver Solutions Network (HSSN). As a part of Simplifying Servicing, HSSN functionality is being transitioned to Fannie Mae’s Servicing Management Default Underwriter™ (SMDU), SMDU User Interface (UI), and SMDU Case Management for all workout reporting processes. We encourage servicers currently using HSSN to fully transition this activity to SMDU prior to December 31, 2020.

Features
  • Enables mortgage servicers to submit Fannie Mae loss mitigation workout cases online
  • Allows monthly reporting submissions via Delinquency Reporting
  • Enables loan servicers and REO vendors to submit and report REOGrams® through REO Notifications. 
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