Excess Attorney Fee - Cost Guidelines
Fannie Mae’s approval is required for all foreclosure or bankruptcy-related attorney fees and title costs that exceed the maximum allowable amount set forth in our Servicing Guide, Servicing Guide exhibits and related updates, or other Fannie Mae guidance.
The AAA matrix provides state-specific excess fees/costs process guidelines and includes a process overview, as well as additional procedures and specific request requirements. The matrix references applicable Servicing Guide provisions and other policies. Fannie Mae requires the attorneys to submit all excess fee and title cost requests. Requests made by servicers will not be accepted.
Each matrix contains five sections:
- Allowable Fees/Costs
- Ineligible Excess Fees/Costs
- Standard Excess Fees
- Non-Standard Excess Fees
- Standard Excess Costs