Servicing

Pre-Foreclosure Property Preservation

Row of houses on a beautiful day

Fannie Mae is committed to preventing community blight and protecting housing values. That’s why we have established servicer guidelines for property preservation services throughout the default process.

Fannie Mae requires that servicers preserve both the interior and the exterior of vacant properties securing delinquent loans year-round. To help with these efforts, we provide servicers allowable amounts for securing, routine maintenance, repairs, and preservation efforts.  

We’re committed to:

  • Being a good neighbor
  • Supporting neighborhood stabilization
  • Minimizing potential property damage, liability, and code violations
  • Monitoring servicer performance to ensure standards are met