Fannie Mae Selling and Servicing Policy Archives

The Fannie Mae Selling and Servicing policy archives allow you to quickly access current and past policy materials.  

Our archives allow you to search for Selling and Servicing policy communications by year and/or by communication type which include:

  • announcements 
  • guides
  • lender letters
  • notices 

In addition, you can find our In Case You Missed It job aid, which summarizes Selling Guide, Servicing Guide and other policy communications for years 2012 to present. 

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The Document Custodian Notice includes the following topic:
Update of the Active Document Custodians list for 2022

Servicing Guide - PDF Version (May 11, 2022)

May 11, 2022 - The May Servicing Guide update incorporates previously announced policies regarding unrecorded assignments of mortgage, changes the method of managing drafting instructions for certain remittances, provides notice of transition to a new default foreclosure and bankruptcy data reporting system, and more.

This Reverse Mortgage Loan Servicing Manual (Manual) incorporates all Fannie Mae servicing-related guidelines for reverse mortgage loans. While the Manual sets forth specific servicing requirements unique to reverse mortgage loans, servicers must continue to comply with servicing requirements in the Fannie Mae Single-Family Servicing Guide (Servicing Guide) for reverse mortgage loans to the extent such requirements are not in conflict with the provisions contained in the Manual.

Selling Guide - PDF Version (May 4, 2022)

May 4, 2022 - The May Selling Guide update adds requirements for the use of virtual currency, modifies the policy relating to foreign assets, adds details on Community Seconds® provider eligibility, eliminates certain requirements related to unrecorded assignments of mortgage, and more.

Updated May 4, 2022 - this Lender Letter update adjusts the terms for a Flex Modification with reduced eligibility criteria for COVID-19 impacted borrowers to provide an opportunity to reduce their interest rate, regardless of the mortgage loan’s mark-to-market loan-to-value ratio.

Updated May 4, 2022 - Updates the provisions regarding the suspension of foreclosure-related activities and filing motions for relief from the automatic stay in certain bankruptcy cases.

The Document Custodian Notice includes the following topic:
• Publication of a revised Requirement for Document Custodians (RDC)
• Publication of a revised Document Certification Job Aid

Servicing Guide - PDF Version (April 13, 2022)

April 13, 2022 - The April Servicing Guide update clarifies requirements related to the completion of transfers of ownership of a property, removes the requirement to suspend reporting to the credit bureaus in certain instances related to U.S. servicemembers, and more.

April 6, 2022 - The April Selling Guide update includes changes to allow the use of an attorney title opinion letter in lieu of a title insurance policy for certain transactions, aligns the Selling Guide with high-balance loan-level price adjustment (LLPA) waiver changes announced in LL-2022-01, clarifies when a new desktop appraisal is required based on the age of the appraisal and that American National Standards Institute® (ANSI®) measurement standards do not apply to desktop appraisals, and more.

Selling Guide - PDF Version (April 6, 2022)

Updated April 6, 2022 – This Lender Letter provides information about a new refinance option – RefiNow™ – that will enable more borrowers to refinance to a lower interest rate and reduce their monthly mortgage payment.

Provides a summary of Selling Guide, Servicing Guide, and other policy related communications & updates issued in 2022.

The Document Custodian Notice includes the following topic:
Revised Job Aid for review and certification of HomeStyle Renovation Loan Agreements

March 2, 2022 - The March Selling Guide update includes changes to single-close construction-to-permanent transaction requirements, adds Condo Project Manager™ (CPM™) status designations to align with the enhancements in the March 4 CPM release, and simplifies policy for the allowable interest rate permitted on a Community Seconds® transaction.

Selling Guide - PDF Version (March 2, 2022)

The Document Custodian Notice includes the following topic:

  •  Job Aid for review and certification of HomeStyle Renovation Loan Agreements

February 9, 2022 - The February Servicing Guide update includes changes to Fannie Mae short sale and Fannie Mae Mortgage Release™ requirements, modifies certain time frames and processes for HomeStyle® Renovation mortgage loans, updates allowable foreclosure attorney fees and Mortgage Release™ document preparation costs, automates the submission of Form 200, and other miscellaneous updates.

Servicing Guide - PDF Version (February 9, 2022)

February 2, 2022 - The February Selling Guide update includes changes to allow desktop appraisals for certain purchase transactions, updates the HomeStyle® Renovation loan agreement, modifies certain time frames and processes for HomeStyle® loans, provides a loan-level price adjustment credit for HomePath® properties, simplifies documentation requirements for depository assets, clarifies reporting requirements related to anti-money laundering Bank Secrecy Act requirements, and more.

Selling Guide - PDF Version (February 2, 2022)

Updated February 2, 2022 - this Lender Letter provides reminders and temporary flexibilities to support mortgage originations.

Updated Feb. 2, 2022 - This Lender Letter provides advance notice of upcoming changes to our investor reporting processes and systems. which will simplify and streamline servicer reporting.