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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November 2, 2017 - this Lender Letter introduces the Extend Modification for Disaster Relief, simplifies the process to disburse insurance proceeds to borrowers, and describes the policy for Fannie Mae to reimburse servicers for inspections. |
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October 31, 2017 - the following updates were made in October The new Servicing Marketplace will make it easier for sellers to connect with co-issue servicing partners; properties with Inter Vivos trust ownership interests may be eligible collateral; Selling and Servicing Guides have been simplified; lenders can exclude the PITIA from DTI ratios when a mortgage is paid by someone else; Form 1004D can be uploaded to UCDP; and more. |
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Selling Guide - PDF Version (October 31, 2017) |
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October 11, 2017 - this Lender Letter introduces a new imminent default evaluation that will simplify the evaluation process and provide a better experience for both servicers and borrowers. |
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October 11, 2017 - this update simplifies servicing by streamlining the Selling and Servicing Guides; revising pre-approval requirements for the reimbursement of additional publication costs; and more. |
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Servicing Guide - PDF Version (October 11, 2017) |
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September 26, 2017 - the following updates were made in September property inspection waivers are now offered on some purchase transactions; lenders must electronically submit UCD borrower data and Closing Disclosures, but a six-month transition period applies before warnings become fatal; DU Refi Plus and Refi Plus options are extended through Dec. 31. 2018. |
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Selling Guide - PDF Version (September 26, 2017) |
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September 21, 2017 - this Lender Letter contains updates and reminders related to properties impacted by recent hurricanes, including the inspection cost reimbursement process. |
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September 13, 2017 - this update simplifies servicing by redesigning Form 710 and renaming it the Mortgage Assistance Application; updating requirements for allowable bankruptcy attorney fees; incorporating the Fannie Mae Flex Modification; and more. |
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September 13, 2017 - this Lender Letter contains both selling and servicing policy guidance for properties located in areas affected by these disasters. |
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Servicing Guide - PDF Version (September 13, 2017) |
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September 8, 2017 - this Lender Letter introduces a new high loan-to-value refinance option and announces the extension of DU Refi Plus and Refi Plus. |
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August 31, 2017 - This Lender Letter reminds sellers of Fannie Mae's current selling policies for loans impacted by a disaster, including Hurricane Harvey. |
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August 29, 2017 - as we work together to support the victims of Hurricane Harvey, servicers are reminded that Fannie Mae has servicing policies to assist impacted borrowers following a disaster, such as Hurricane Harvey. For updated guidance, refer to Lender Letter LL-2017-03 Servicing Policies for Mortgage Loans Impacted by Hurricane Harvey and visit our Assistance in Disasters page for information about our policies for providing assistance to borrowers impacted by a disaster. |
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August 29, 2017 - the following updates were made in August Lenders are required to use Form 3749 when assigning loans to MERS in Maine, effective Jan. 1, 2018; topics in Selling Guide Part A were updated and duplicative content was removed from Servicing Guide; credit report requirements now align with industry standard reporting. |
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Selling Guide - PDF Version (August 29, 2017) |
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Servicing Guide - PDF Version (August 16, 2017) |
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August 16, 2017 - this update simplifies servicing by streamlining the Selling and Servicing Guides; changing sellerservicer fidelity bond and omissions insurance requirements; updating whole loan ARM margin calculations; and more. |
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July 25, 2017 - The following updates were made in July Policies to align with DU version 10.1 including max DTI ratio of 50, max LTV for ARMs up to 95, and simplified process for disputed tradelines; loan eligibility for borrowers with employment offers or contracts; more flexibility for borrowers with student loans, mortgages paid by others, alimony obligations, and timeshare accounts; document custody requirements streamlined; and changes to sellerservicer fidelity bond and omissions insurance requirements, effective Oct. 1, 2018. |
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Selling Guide - PDF Version (July 25, 2017) |
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July 12, 2017 - This update simplifies servicing by providing preservation procedures for properties that secure delinquent loans; clarifying inspection requirements for delinquent loans; adding and updating repair descriptions and reimbursement limits for preservation work; allowing electronic signatures on inspection reports; providing photo examples of properly completed preservation work; and more. |
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Servicing Guide - PDF Version (July 12, 2017) |
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June 21, 2017 - this update simplifies servicing by reducing post-foreclosure sale responsibilities for servicers; allowing servicers to leverage the Flex Modification program and utilize electronic notarization; streamlining the short sale process; clarifying servicer responsibilities for mortgage loan recordings and reimbursements; enhancing servicer performance ratings; removing duplicate content from the Servicing Guide; and more. |
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Servicing Guide - PDF Version (June 21, 2017) |
