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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Announcement SVC-2014-03 Servicer Incentive Updates	January 29, 2014 - This Announcement updates servicer incentive fees for repayment plans, short sales, and Mortgage Releases. The increased incentive fees will be in effect for mortgage loans that meet the stated criteria on and after March 1, 2014.
Announcement SVC-2014-02 Miscellaneous Servicing Policy Changes	January 24, 2014 - This Announcement updates servicing policy on handling overcharges for special ARMs, accepting bankruptcy schedules of assets and liabilities in a Borrower Response Package, submitting foreclosure prevention cases for approval, and deducting appropriate third-party sales proceeds.
Announcement SVC-2014-01 Mortgage Loan Modification Payment Change Notification Updates	January 24, 2014 - Fannie Mae is updating its requirements for borrower notification of the interest rate adjustment for a mortgage loan that has been modified and is subject to step interest rate adjustments, including Fannie Mae HAMP Modifications. The Payment Change Notification Guidelines exhibit has also been updated.
Announcement SEL-2014-01 Pricing Update Change	January 8, 2014 - In Selling Guide Announcement SEL-2013-09, Pricing Update, Fannie Mae announced pricing changes as directed by the Federal Housing Finance Agency (FHFA). On January 8, 2014, FHFA directed Fannie Mae to delay implementation of these changes until further notice.
Announcement SEL-2013-10 Miscellaneous Selling Policy Updates	December 19, 2013 - Announcement SEL-2013-10 describes policies pertaining to MBS margin thresholds, clarifications of higher-priced loan requirements and Ability to Repay Exempt Loans, and an updated RDC guide and Form 1003 instructions.
Announcement SVC-2013-29 Transfers of Servicing	December 19, 2013 - This Announcement describes policy changes for servicing transfers, including the requirements to obtain prior written approval from Fannie Mae and to submit a Request for Approval of Servicing or Subservicing Transfer (Form 629). Also described is the scope of evaluations Fannie Mae will conduct on subservicers.
Announcement SVC-2013-28 Fannie Mae Standard Modification and Streamlined Modification Updates	December 19, 2013 - Announcement SVC-2014-05 (dated March 28, 2014), Fannie Mae Standard Modification and Streamlined Modification Updates, replaces and supersedes Announcement SVC-2013-28 in its entirety.
Announcement SVC-2013-27 Lender-Placed Insurance Requirements	December 18, 2013 - Fannie Mae is updating its requirements for lender-placed insurance, including acceptable costs and carriers. In addition, servicers must now certify their compliance with these requirements by submitting the Lender-Placed Insurance Compliance Certification (Form 202).
Announcement SVC-2013-26 Reverse Mortgage Loans	December 18, 2013 (distributed to reverse mortgage servicers only) - Servicers are no longer required to refer deed-in-lieu of foreclosure offers for Home Equity Conversion Mortgages to Fannie Mae for approval.
Announcement SEL-2013-09 Pricing Updates	December 16, 2013 - Announcement SEL-2013-09 describes changes to guaranty fees, loan-level price adjustments, and the Adverse Market Delivery Charge. Both the LLPA Matrix and the Refi Plus LLPA Matrix have been updated.
Announcement SVC-2013-25 Bankruptcy and Foreclosure Attorney Fees and Other Reimbursable Expenses	December 11, 2013 - This Announcement updates certain maximum allowable bankruptcy and foreclosure attorney fees and other reimbursable expenses related to bankruptcy and foreclosure matters. Both the Allowable Bankruptcy Attorney Fees exhibit and the Allowable Attorney and Trustee Foreclosure Fees exhibit have also been updated.
Lender Letter LL-2013-10 Appraisal Quality, and UCDP Notification	December 10, 2013 - Fannie Mae has issued a lender letter focusing on appraiser selection, data quality issues, and new processes for appraiser monitoring, and has added messages in UCDP related to appraisals from specific appraisers.
Announcement SVC-2013-24 Miscellaneous Servicing Policy Changes	December 4, 2013 - This Announcement updates policies pertaining to Cap and Extend Modifications for Disaster Relief, the Lender Record Information (Form 582), and the Servicing Guide Glossary.
Lender Letter LL-2013-09 Confirmation of Conventional Loan Limits for 2014	November 26, 2013 - Confirmation of Conventional Loan Limits for 2014
Announcement SVC-2013-23 Delinquency Management and Other Servicing Responsibilities	November 25, 2013 - This Announcement updates policies related to short sale and Mortgage Release transactions, property valuation for loan modifications, appeals, and borrower inquiries. An updated Evaluation Model Clauses is posted to Fannie Mae's website.
Announcement SVC-2013-22 Miscellaneous Servicing Policy Changes	October 30, 2013 - This Announcement updates servicing policy requirements related to insurance policy coverage of multiple unaffiliated projects, payment of principal forbearance for mortgage loan modifications, property inspection reimbursements, acknowledgment of escalated cases, and maintaining lender eligibility.
Selling Guide - October 22, 2013	Selling Guide - PDF Version (October 22, 2013)
Announcement SEL-2013-08 Selling Guide Updates	October 22, 2013 - A number of topics have been updated in the Selling Guide related to the use of a power of attorney, eligibility criterion for DU Refi Plus" and Refi Plus" loans, and master hazard insurance policies for multiple unaffiliated projects. An updated version of FAQs for Project Insurance Requirements.
Announcement SVC-2013-21 Updates to Mortgage Release (Standard Deed-in-Lieu of Foreclosure) Requirements	October 17, 2013 - This Announcement describes several policy changes and clarifications regarding the Mortgage Release option.
Announcement SVC-2013-20 Delinquency Management and Default Prevention Updates Related to the Consumer Financial Protection Bureau Mortgage Servicing Rules and Other Servicing Responsibilities	October 11, 2013 - This Announcement updates certain delinquency management and default prevention servicing policies that are impacted by CFPB rules implemented in response to the Dodd-Frank Act.
Lender Letter LL-2013-08 Impact of Federal Government Shutdown	October 1, 2013 - Fannie Mae is providing temporary guidance on selling and servicing policies that may be impacted by the federal government shutdown.
Lender Letter LL-2013-07 Quality Control and Additional Information Related to the Ability to Repay and Qualified Mortgage Requirements	October 1, 2013 - Describes a transitional period regarding quality control and repurchases of mortgage loans subject to the ability to repay and qualified mortgage requirements.
Announcement SEL-2013-07 Selling Guide Updates	September 24, 2013 - Selling Guide Updates contains changes or clarifications pertaining to DU Version 9.1, flood insurance coverage requirements, eligible lender maintenance fee (formerly "inactivity fee"), treatment of inter vivos revocable trust loans, and other clarifications.
Selling Guide - September 24, 2013	Selling Guide - PDF Version (September 24, 2013)
Announcement SVC-2013-19 Eliminations and Foreclosure Rescissions	September 18, 2013 - This Announcement establishes requirements servicers must follow for the elimination or rescission of foreclosure sales, effective immediately.