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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April 8, 2015 - This update contains policy changes to the Office of Foreign Assets Control (OFAC) Specialty Designated Nationals (SDN) List requirements, changes to title defect reporting, and clarifications for obtaining the increased Mortgage Release borrower relocation incentive. This update also incorporates policy changes previously communicated in SVC-2015-04 and LL-2015-01. |
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Servicing Guide - PDF Version (April 8, 2015) |
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March 31, 2015 - This Lender Letter discusses Fannie Maes post-purchase loan file review process and the shift in focus to increasing lender certainty through defect prevention, remedies, and alternative to repurchase. Also, the National Underwriting Center has been renamed as the Loan Quality Center. |
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March 31, 2015 - The update introduces the Servicing Execution Tool (SET) Bifurcation option for approved lenders and updates policies related to margin requirements for co-op share ARM loans; owner-occupancy requirements; ALTA short form coverage; alignment of the Selling Guide with Desktop Underwriter messages for derogatory credit events and disputed credit tradelines; and other miscellaneous updates and changes. |
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Selling Guide - PDF Version (March 31, 2015) |
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March 18, 2015 - This update contains policy changes related to the use of multiple custodial accounts, property (hazard) and flood insurance losses, delinquency status code hierarchy and definitions, reimbursing Fannie Mae for a cancelled mortgage loan modification, Fannie Mae Standard and Streamlined Modifications, notifying Fannie Mae of changes to a servicers organization, and the new Non-Routine Litigation Form (Form 20). |
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Servicing Guide - PDF Version (March 18, 2015) |
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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. |
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Selling Guide - PDF Version (February 24, 2015) |
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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. |
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Servicing Guide - PDF Version (February 14, 2015) |
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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. |
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January 29, 2015 - Provides notification of future updates to borrower pay for performance incentives for a Fannie Mae HAMP modification. |
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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. |
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Selling Guide - PDF Version (January 27, 2015) |
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January 14, 2015 - This Announcement amends policies and requirements in Servicing Guide A1-3, Repurchases, Indemnifications and Make Whole Payments. |
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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). |
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Servicing Guide - PDF Version (January 14, 2015) |
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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. |
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December 18, 2014 - Updates policy requirements for the Fannie Mae MyCity Modification workout option. |
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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. |
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Selling Guide - PDF Version (December 16, 2014) |
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December 10, 2014 - This update contains policy changes related to loss drafts processing and borrower incentive payments for an executed Mortgage Release. |
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Servicing Guide - PDF Version (December 10, 2014) |
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December 5, 2014 - Expanded LTV, CLTV, and HCLTV Ratios for Purchase and Limited Cash-out Refinances |
