Selling Policy Communications

Access a list of Selling Announcements, Lender Letters, Notices, and related communications.

Selling Guide updates typically are published on the first Wednesday of the month.

Announcement SEL-2020-02 – Selling Guide Updates April 1, 2020-April’s Selling Guide update includes additional details about the Secured Overnight Financing Rate (SOFR) ARM products we will begin to accept as of Aug. 3; property tax and escrow clarifications; and other miscellaneous updates.
Selling Notice – List of Approved Mortgage Insurance Forms Updated February 12, 2020-As noted in Lender Letter LL-2019-08 dated November 20, 2019, Fannie Mae worked with approved mortgage insurers to update their master primary policies and related endorsements and other forms (Forms).
Lender Letter LL-2020-01 – Important Updates to Adjustable-Rate Mortgage (ARM) Products February 5, 2020-We've issued a Lender Letter to help prepare our customers for a successful transition from LIBOR ARMs to new SOFR ARM products. Lender Letter LL-2020-01 provides details on updated ARM instruments, retirement of LIBOR ARMs, SOFR ARMs, and the future retirement of CMT ARMs.
Announcement SEL-2020-01 – Selling Guide Updates February 5, 2020-February’s Selling Guide update revises our policies on liabilities related to rental housing payment and calculating monthly qualifying rental income; delays a previously announced policy change related to calculating monthly real estate tax payments; and more.