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Date Revised
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Description/Reason for Revision
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01/01/2025
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- Increased Allowable Fees for Foreclosure, Complete Restart, Bankruptcy, Mediation, Miscellaneous, and DIL
- Increased Standard Excess Fee for Motions/Hearings to $400
- Increased Connecticut Motion to Re-enter Judgment and Motion to Vacate Judgment Excess Fees from $425 to $600
- Guardian ad litem Excess Fee increased from $350 to $400 and was expanded to include appointment of a Curator in Louisiana.
- Increased Texas Deceased Borrower Excess Fees
- Added third Standard Excess Fees - Hearing - North Carolina of $400 for Motion & Order for Continuance of Hearing with additional footnote 3.
- Added clarifying language to Complete Restart of Foreclosure Action notes regarding restarts after a previous default is cured.
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05/01/2024
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- Reworded Footnote 3 in Allowable Fees and Costs - Miscellaneous - Motion to Dismiss Foreclosure/Notice of Withdrawal to clarify no additional hearing fee will be reimbursed
- Added Property Preservation Protective Order Fee Name with Maximum Fee amount of $1,500 to Allowable Miscellaneous Fees for WA properties with services rendered on or after 05/01/2024
- Moved Puerto Rico Property Preservation Protective Order to Allowable Miscellaneous Fees for services rendered on or after 05/01/2024
- Allowable Fees and Costs - Judicial and Non-Judicial - Added "notices" to the first paragraph in the gray Note box
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12/20/2023
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- Added 'Services rendered prior to 1/1/23' and 'Services rendered on or after 1/1/23' footnotes to Standard Excess Fees - Deceased Borrower section
- Non-Standard Excess Fees - Overview: Changed hourly rates to reflect an hourly rate of $270 for any attorney with less than five years of experience,an hourly attorney fee rate of $330 for any attorney with five or more years of experience, and a maximum hourly paralegal fee rate of $100, based on Legal’s fee increase effective 01/01/2024
- Added 'Payoff/Reinstatement Letters' to the Ineligible Fee section with description that preparing these quotes/letters is a servicer function. (Fannie Mae Servicing Guide, Part E, Chapter 5, Sections E-5-02 through E-5-05)
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10/18/2023
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- Added Mediation Standard Excess Fee ($325) for Puerto Rico
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06/28/2023
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- Changed Non-Standard Excess Fee Overview language to indicate the fee amounts apply to any litigation as long as the basis of the litigation does not fall under an Ineligible reason for reimbursement.
- Allowable Miscellaneous Fees for the California Post-Sale Bid Process changed from flat fees of $150, $250, and $350 to $200 or .166% of UPB, whichever is greater.
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12/21/2022
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- Removed Oregon Judicial Foreclosure Fee
- Increased various Allowable Foreclosure Fees and Excess Foreclosure Restart Fees
- Add BK Standard Excess Fee for Response to Motion to Sell ($325) for all BK chapters
- Added Allowable Costs for California Posting Cost and Publication Placement Costs for certain states
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