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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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)
Announcement SEL-2014-13 Selling Guide Updates	November 10, 2014 - The update contains policy changes with regard to project standards policy; liability insurance requirements; reduction in the maximum LTV, CLTV, and HCLTV ratios for fixed-rate cash-out refinance transactions from 85 to 80; loan-level price adjustments to mortgage loans for borrowers without credit score; underwriting requirements for borrowers with multiple financed properties; electronic submission of loan files via the National Underwriting Center File Transfer Portal or Lender Direct by February 1, 2015; clarification to the mortgage insurance policy; and other changes.
Selling Guide - November 10, 2014	Selling Guide - PDF Version (November 11, 2014)
Lender Letter LL-2014-05 Suspension of Maryland Housing Fund as an Approved Mortgage Insurer	October 28, 2014 - Fannie Mae suspends the Maryland Housing Fund as an approved provider of mortgage insurance.
Announcement SVC-2014-19 Updates to Property (Hazard) and Flood Insurance Losses and Insurance Claim Settlements	October 17, 2014 - This Announcement provides new guidance for handling insurance losses. In addition, the Report of Property (Hazard) Insurance Loss (Form 176) has been updated and is available on Fannie Maes website.
Announcement SVC-2014-18 Miscellaneous Servicing Policy Updates	October 15, 2014 - This Announcement provides updates and clarifications for several servicing policies, including execution of legal documents and document preparation and costs related to Mortgage Releases.
Announcement SVC-2014-17 Miscellaneous Servicing Policy Updates	October 1, 2014 - This Announcement updates several servicing policies and the Delinquency Status Code Hierarchy and Definitions.
Announcement SEL-2014-12 Selling Guide Updates	September 30, 2014 - The update contains policy changes with regard to employment-related assets as qualifying income; policy update to accept third-party vendor verifications of asset and depository information; clarifications to the current title insurance requirements, including Texas and Texas 50(a)(6); updates to allow delivery of HUD-guaranteed Section 184 mortgage loans and RD-guaranteed Section 502 loans as standard products; rental income and the publication of three rental income worksheets; updates to the list of Fannie Mae-approved mortgage insurance Forms for mortgage insurance providers; and other changes.
Selling Guide - September 30, 2014	Selling Guide - PDF Version (September 30, 2014)
Announcement SVC-2014-16 Miscellaneous Servicing Policy Updates	September 8, 2014 - This Announcement updates several servicing policies and related Fannie Mae forms.
Announcement SEL-2014-11 Selling Guide Updates	August 26, 2014 - The update contains implementation of Suspended Counterparty Program (SCP) established by FHFA, clarification of Fannie Maes policies regarding allowable age of credit documents and requirements pertaining to lender review of disputed tradelines; removal of references to loans with terms greater than 30 years, interest-only, growing-equity mortgages, and loans with prepayment penalties; and other changes.
Selling Guide - August 26, 2014	Selling Guide - PDF Version (August 26, 2014)
Lender Letter LL-2014-04 Fannie Mae Quality Control Related to the Home Ownership and Equity Protection Act (HOEPA)	August 25, 2014 - This Lender Letter reminds lenders that information regarding points and fees and other relevant data is required if a mortgage loan is selected for anti-predatory lending and HOEPA compliance review. To assist lenders in providing this information, Fannie Mae has prepared an optional worksheet.
Announcement SVC-2014-15 Updates to Project Insurance	August 19, 2014 - Fannie Mae is updating the project insurance requirements for PUDs, condos, and co-ops. The affected topics include the required amount of coverage, allowable special endorsements, liability and fidelity insurance requirements, and the removal of rent loss insurance.
Announcement SEL-2014-10 Selling Guide Updates	July 29, 2014 (Updated October 2, 2014) - The update contains policies pertaining to significant derogatory credit events; property insurance requirements for condos, co-ops, PUDs; lender quality control policy updates; and clarifications and other changes.
Selling Guide - July 29, 2014	Selling Guide - PDF Version (July 29, 2014)