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-2015-05 Servicing Guide Updates	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.
Servicing Guide - April 8, 2015	Servicing Guide - PDF Version (April 8, 2015)
Lender Letter LL-2015-03 Tools and Processes to Increase Certainty and Reduce Repurchase Risk for Lenders	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.
Announcement SEL-2015-03 Selling Guide Updates	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.
Selling Guide - March 31, 2015	Selling Guide - PDF Version (March 31, 2015)
Announcement SVC-2015-04 Servicing Guide Updates	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).
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.