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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Custodian Notice 2019-03	The Document Custodian Notice includes the following topics Publication of the New Document Certification User Guide.
Selling Notice Forward Trading of UMBS	March 11, 2019 - We have issued a Selling Notice to provide guidance on forward trading of Uniform Mortgage-Backed Securities (UMBS).
Announcement SEL-2019-02 Selling Guide Updates	March 6, 2019 - these updates were made in March manually underwritten loan requirements correspond with credit risk assessment in Desktop Underwriter, clarifications to lender responsibilities for leasehold estates, continued consolidation of Selling and Servicing Guide, and more.
Lender Letter LL-2019-03 Interest Rate Spread for Fixed-Rate MBS and Servicing Fee Requirements for Fixed-Rate Loans	March 5, 2019 - this Lender Letter provides guidance on changes to the allowable interest (note) rate spread in fixed-rate MBS and Uniform Mortgage-Backed Securities (UMBS) and the maximum servicing fee permitted for fixed-rate loans. These actions are pursuant to FHFA's instruction.
Selling Guide - March 6, 2019	Selling Guide - PDF Version (March 6, 2019)
Custodian Notice 2019-02	The Document Custodian Notice includes the following topics Publication of the New Document Certification User Guide.
Announcement SVC-2019-01 Servicing Guide Update	February 13, 2019 - this Servicing Guide was updated on Feb. 13 to provide changes related to foreclosure time frames and compensatory fee requirements previously communicated in Announcement.
Servicing Guide - February 13, 2019	Servicing Guide - PDF Version (February 13, 2019)
Custodian Notice 2019-01	The Document Custodian Notice includes the following topics Updated Document Custodian Document Transfers Job Aid and Contact Information.
Announcement SEL-2019-01 Selling Guide Updates	February 6, 2019 - these updates were made in February process changes related to Loan Quality Connect implementation, references to cost of funds index and associated ARM plans removed, clarifications to postponed improvement requirements, and more.
Selling Guide - February 6, 2019	Selling Guide - PDF Version (February 6, 2019)
Lender Letter LL-2019-02 Impact of Federal Government Shutdown (Selling)	January 16, 2019 - this Lender Letter LL-2019-02 provides additional guidance on selling policies to supplement the temporary guidance described in Lender Letter LL-2018-06, Impact of Federal Government Shutdown, that applies to borrowers who are impacted by the federal government shutdown.
Lender Letter LL-2019-01 Impact of Federal Government Shutdown (Servicing)	January 11, 2019 - this Lender Letter LL-2019-01 provides additional guidance on servicing policies to supplement the temporary guidance described in Lender Letter LL-2018-06, Impact of Federal Government Shutdown, that applies to borrowers who are impacted by the federal government shutdown.
In Case You Missed It Summary of 2018 Selling Guide & Policy Updates	Provides a summary of Selling Guide and policy related communications and updates issued in 2018.
Lender Letter LL-2018-06 Impact of Federal Government Shutdown	December 26, 2018 - this Lender Letter provides temporary guidance on selling and servicing policies that may be impacted by the federal government shutdown that occurred on December 22, 2018.
Announcement SVC-2018-10 Foreclosure Time Frames and Compensatory Fee Requirements	December 19, 2018 - this Servicing Guide update announces a revised compensatory fees framework and updated foreclosure time frames.
Announcement SVC-2018-09 Servicing Guide Update	December 12, 2018 - we updated these policies in December borrower-initiated mortgage insurance requirements; guidelines for managing insurance loss proceeds; property insurance carrier requirements; flood insurance requirements; and more.
Announcement RVS-2018-04 Reverse Mortgage Loan Servicing Manual Update	December 12, 2018 - the Reverse Mortgage Loan Servicing Manual has been updated to eliminate certain servicer responsibilities for both HECM and Home Keeper mortgage loans subject to a deed-in-lieu of foreclosure.
Servicing Guide - December 12, 2018	Servicing Guide - PDF Version (December 12, 2018)
Selling Guide - December 4, 2018	Selling Guide - PDF Version (December 4, 2018)
Announcement SEL-2018-09 Selling Guide Updates	December 4, 2018 - these updates were made in December reduce complexity for appraisal waiver offers during a disaster, approved self-employment income calculation tool available, clarifications to unreimbursed business expenses, more flexibility for on-frame modular and modular construction, and more.
Lender Letter LL-2018-05 Confirmation of Conventional Loan Limits for 2019	November 27, 2018 - this Lender Letter has information on the 2019 general and high-cost area loan limits.
Announcement SVC-2018-08 Servicing Guide Update	November 14, 2018 - these updates were made in November short sale and Mortgage Release requirements simplified; timelines for outbound call attempts, sending breach letters, and ordering initial property inspections clarified; and more.
Servicing Guide - November 14, 2018	Servicing Guide - PDF Version (November 14, 2018)
Announcement SEL-2018-08 Selling Guide Updates	October 2, 2018 - these updates were made in October clarified policy for employment verification for union members; expanded policy for borrowers using employment-related assets for qualifying income; clarified comparable sales requirements for appraisals of MH Advantage homes; and more.