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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Servicing Guide - PDF Version (November 12, 2025) |
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November 12, 2025 - The November Servicing Guide provides updated guidance on the allowable bankruptcy attorney fees in alignment with the amendments to Bankruptcy Rule 3002.1 and clarifies bankruptcy cramdowns on recourse or indemnified loans—so you can stay compliant and better support borrowers in distress. |
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November 5, 2025 – In November, we updated the Selling Guide to expand Day 1 Certainty® offerings to include representation and warranty relief for undisclosed non-mortgage liabilities, expand the eligibility for the age of credit document exception for single-closing construction loans, remove minimum credit score requirements from Desktop Underwriter® (DU®), and a miscellaneous update. |
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Selling Guide - PDF Version ( November 5, 2025) |
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Provides a summary of Selling Guide, Servicing Guide, and other policy related communications & updates issued in 2025. |
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October 8, 2025 – In October, we revised the Selling Guide to allow the use of rental income from accessory dwelling units (ADUs), align the documentation requirements for rental income reported from a business, and increase the maximum cash back allowed for limited cash-out refinance transactions. |
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Selling Guide - PDF Version (October 8, 2025) |
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October 1 2025 – This Lender Letter provides temporary guidance on selling and servicing policies that may be impacted by the federal government shutdown that occurred on October 1, 2025. These temporary policies are effective immediately and will automatically expire when the federal government resumes full operations. |
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September 3, 2025 – In September, we revised the Selling Guide to remove the term “appraisal waiver” from use alongside “value acceptance”, revise two requirements of the framework for a borrower-initiated reconsideration of value, expand eligibility requirements for manufactured homes, and clarify borrower ownership interest in life estates. |
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Selling Guide - PDF Version (September 3, 2025) |
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Updated August 27, 2025 - This Lender Letter provides advance notice of transformational changes to streamline servicing, enhance risk management, and improve efficiencies for our mortgage servicing partners. These changes will be delivered in a multi-year, phased approach. |
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August 13, 2025 - The August Servicing Guide announcement includes updates to policies for mortgage loans subject to a temporary interest rate buydown plan, revised requirements for sending a Payment Reminder Notice, and other miscellaneous updates. |
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Servicing Guide - PDF Version (August 13, 2025) |
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August 6, 2025 – In August, we revised the Selling Guide to include multiple requirements pertaining to co-op project eligibility and the Project Eligibility Waiver process, and other miscellaneous updates. |
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Selling Guide - PDF Version (August 6, 2025) |
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July 9, 2025 - The July Servicing Guide update removes references to Republic Mortgage Insurance Company, updates the Foreclosure Time Frames and Compensatory Fee Allowable Delays Exhibit, plus other miscellaneous updates. |
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Servicing Guide - PDF Version (July 9, 2025) |
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July 2, 2025 – In July, we updated the Selling Guide to revise project standards policies for properties that are terminating or involved in insolvency proceedings, clarify reporting requirements related to anti-money laundering for non-Bank Secrecy Act regulated entities, extend the Desktop Underwriter® (DU®) loan casefile archival period to 540 days and resubmission timeframe to 18 months for single-close construction-to-permanent transactions, remove the dollar limit for lender incentives; and other miscellaneous updates. |
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Selling Guide - PDF Version (July 2, 2025) |
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June 11, 2025 - The June Servicing Guide announcement includes updates to property preservation expense reimbursement limits and preservation guidance. |
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Servicing Guide - PDF Version (June 11, 2025) |
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June 11, 2025 - We have issued a non-objection to the merger of Republic Mortgage Insurance Company and Republic Mortgage Guaranty Insurance Corporation, formerly Republic Mortgage Insurance Company of North Carolina, (together RMIC) into United Guaranty Residential Insurance Company (UGI). Effective June 1, 2025, all insurance policy servicing activities in connection with RMIC-insured loans are administered by UGI. |
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Update of the Active Document Custodians list for 2025 |
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June 4, 2025 – In June, we updated the Selling Guide to introduce a policy supplement outlining key changes to appraisal forms, policies and requirement for lenders using UAD 3.6, align the Selling Guide with ANSI ® Z765-2021 measurement terminology, revamp requirements for lender QC processes, and a miscellaneous update. |
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Selling Guide - PDF Version (June 4, 2025) |
