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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December 4, 2019 - December updates announce clarifications to calculating monthly real estate tax payments, clarify policies on non-applicant debt, address bridge loan treatment in monthly debt obligations, and more. |
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Selling Guide - PDF Version (December 4, 2019) |
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November 26, 2019 - this Lender Letter has information on the 2020 general and high-cost area loan limits. |
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November 20, 2019 - this Lender Letter provides guidance on updated mortgage insurers master primary policies and related endorsements and other forms. Any loan sold to or securitized by us that has mortgage insurance and a loan application date on or after March 1, 2020, must be insured under one of the new approved forms. |
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The Document Custodian Notice includes the following topics |
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November 13, 2019 - the November changes streamline requirements related to canceling property insurance and flood insurance when Fannie Mae acquires a property, establish anti-money laundering activity reporting requirements, and more. |
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Servicing Guide - PDF Version (November 13, 2019) |
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The Taxpayer First Act was signed into law on July 1, 2019. It includes a provision that persons receiving return information must obtain the express permission of taxpayers prior to disclosing that return information to any other person. |
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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 Maes Servicing Management Default Underwriter (SMDU), SMDU User Interface (UI), and SMDU Case Management for all workout reporting processes. Servicers currently utilizing HSSN are encouraged to fully transition this activity to SMDU as soon as possible, but must do so no later than December 31, 2020. |
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The Document Custodian Notice includes the following topics |
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The Document Custodian Notice includes the following topics |
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Fannie Mae now assumes the responsibility for the payment of all property taxes, ground rents, as well as fees and assessments invoiced by an HOA, condo association, or co-op corporation once the foreclosure sale or Mortgage Release occurs. |
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October 2, 2019 - October updates announce changes to homeownership education requirements, clarify policies on employment offers and contracts, revise rental income policy, establish anti-money laundering activity reporting requirements, and more. |
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Selling Guide - PDF Version (October 2, 2019) |
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The Document Custodian Notice includes the following topics |
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September 11, 2019 - the September changes include updates to the maximum allowable foreclosure and bankruptcy attorney fees and other miscellaneous revisions. |
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Servicing Guide - PDF Version (September 11, 2019) |
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August 14, 2019 - this Lender Letter provides advance notification to servicers of changes that will simplify and streamline the cash remittance and reconciliation process. The effective date for the changes in this Lender Letter is targeted for the second quarter of 2020; servicers will be notified once a specific effective date is determined. |
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August 7, 2019 - August updates implement changes to lender quality control requirements, introduce construction-to-permanent financing for manufactured homes, clarify appraisal waiver eligibility for refinance transactions, and more. |
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Selling Guide - PDF Version (August 7, 2019) |
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We have issued a Servicing Notice about the extended publishing of Cost of Funds Index (COFI). |
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The Document Custodian Notice includes the following topics |
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July 11, 2019 - We have issued a Selling Notice in support of a SOFR ARM plan for newly originated ARM loans. |
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July 10, 2019 - the July updates simplify our escrow waiver policy, clarify requirements for compliance with Office of Foreign Assets Control (OFAC) regulations, and more. |
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Servicing Guide - PDF Version (July 10, 2019) |