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 - March 18, 2015	Servicing Guide - PDF Version (March 18, 2015)
Announcement SEL-2015-02 Selling Guide Updates	February 24, 2015 - The update contains clarifications to the effective dates for pricing; postponement of policy pertaining to delivery of loans with more than two borrowers; reorganization of co-op topics; clarification to the project standards policies; update to the Lender Breach of Contract topic; and other miscellaneous updates and changes.
Selling Guide - February 24, 2015	Selling Guide - PDF Version (February 24, 2015)
Announcement SVC-2015-03 Servicing Guide Updates	February 11, 2015 - This update incorporates previously communicated policy changes as described in LL-2014-09 and SVC-2015-02. This update also announces changes to the Mortgage Insurer Delegations for Workout Options Exhibit and the Fannie Mae Workout Hierarchy Exhibit.
Servicing Guide - February 11, 2015	Servicing Guide - PDF Version (February 14, 2015)
Lender Letter LL-2015-02 Appraisal Tools, Processes, and Policies	February 4, 2015 - This Lender Letter provides clarifications and additional information on Fannie Maes valuation-related tools and appraisal policies, including Collateral Underwriter, Appraiser Quality Monitoring, and updates to the Property Eligibility and Appraisal Requirements section of the Selling Guide.
Lender Letter LL-2015-01 Notification of Future Updates to Borrower Pay for Performance Incentives for a Fannie Mae HAMP Modification	January 29, 2015 - Provides notification of future updates to borrower pay for performance incentives for a Fannie Mae HAMP modification.
Announcement SEL-2015-01 Selling Guide Updates	January 27, 2015 - The update contains policy changes pertaining to increase in the maximum LTV, CLTV, and HCLTV ratios for certain principal residence transactions; clarification to home-buyer education and counseling; clarification of leasehold estates; removal of references to Expanded Approval; and other miscellaneous updates and changes.
Selling Guide - January 27, 2015	Selling Guide - PDF Version (January 27, 2015)
Announcement SVC-2015-02 Mortgage Insurer Deferred Payment Obligation and Calculation of Indemnification Claim	January 14, 2015 - This Announcement amends policies and requirements in Servicing Guide A1-3, Repurchases, Indemnifications and Make Whole Payments.
Announcement SVC-2015-01 Servicing Guide Updates	January 14, 2015 - This update contains previously communicated policy changes related to compensatory fees for delays in the liquidation process and the Fannie Mae MyCity Modification. This update also announces miscellaneous revisions to the Allowable Foreclosure Attorney Fees Exhibit, Fannie Maes Adverse Action Notice (Form 182), and Fannie Maes SCRA Reporting and Disbursement Request Form (Form 1022).
Servicing Guide - January 14, 2015	Servicing Guide - PDF Version (January 14, 2015)
Lender Letter LL-2014-09 Updates to Foreclosure Bidding Instructions and Third Party Sales	December 23, 2014 - This Lender Letter provides advance notification to servicers of changes to foreclosure bidding instructions and third party sales. The servicer is encouraged to implement these requirements as early as February 1, 2015, but must do so no later than March 1, 2015, for all mortgage loans with a foreclosure sale to occur on or after April 15, 2015.
Announcement SVC-2014-22 Updates to the Fannie Mae MyCity Modification	December 18, 2014 - Updates policy requirements for the Fannie Mae MyCity Modification workout option.
Announcement SEL-2014-16 Selling Guide Updates	December 16, 2014 - The update contains policy changes pertaining to self-employed income policy, solar panels, payment calculation for student loans, flood insurance alignment with new federal law, cure provision for points and fees alignment with the CFPB rule, and other miscellaneous updates and changes.
Selling Guide - December 16, 2014	Selling Guide - PDF Version (December 16, 2014)
Announcement SVC-2014-21 Servicing Guide Updates	December 10, 2014 - This update contains policy changes related to loss drafts processing and borrower incentive payments for an executed Mortgage Release.
Servicing Guide - December 10, 2014	Servicing Guide - PDF Version (December 10, 2014)
Announcement SEL-2014-15 Expanded LTV, CLTV, and HCLTV Ratios for Purchase and Limited Cash-out Refinances	December 5, 2014 - Expanded LTV, CLTV, and HCLTV Ratios for Purchase and Limited Cash-out Refinances
Lender Letter LL-2014-08 Confirmation of Conventional Loan Limits for 2015	November 25, 2014 - Information on the 2015 general and high-cost area conforming loan limits, and resources including the updated Loan Limit Lookup Table, are available on the Loan Limits web page.
Announcement SEL-2014-14 Lender Selling Representations and Warranties Framework Updates	November 20, 2014 - This update provides lenders with more certainty regarding when Fannie Mae will enforce remedies, including repurchase, related to the life of loan exclusions for misstatements, misrepresentations, omissions and data inaccuracies; makes other updates related to Unacceptable Mortgage Products, Compliance with Laws, and post-purchase file reviews; and includes reminders relating to lenders right to appeal repurchase requests.
Lender Letter LL-2014-07 Updates to Compensatory Fees for Delays in the Liquidation Process, Foreclosure Time Frames and Allowable Foreclosure Attorney Fees	November 17, 2014 - Provides notification of upcoming compensatory fee changes and updates to two Servicing Guide Exhibits located on Fannie Maes website.
Lender Letter LL-2014-06 Advance Notice of Future Changes to Investor Reporting Requirements	November 13, 2014 - This Lender Letter provides advance notification to servicers of changes to certain investor reporting requirements that will become effective in or around the third quarter of 2016.
Announcement SVC-2014-20 Introducing the New Single-Family Servicing Guide	November 12, 2014 - Fannie Mae is announcing the publication of the new Single-Family Servicing Guide (Servicing Guide), which will replace the 2012 Servicing Guide (as updated by Announcements) in its entirety.
Servicing Guide - November 12, 2014	Servicing Guide - PDF Version (November 12, 2014)