Pre-Foreclosure Property Preservation
Fannie Mae is committed to preventing community blight and protecting housing values. That’s why we have established servicer guidelines for property preservation services throughout the default process.
Fannie Mae requires that servicers preserve both the interior and the exterior of vacant properties securing delinquent loans year-round. To help with these efforts, we provide servicers allowable amounts for securing, routine maintenance, repairs, and preservation efforts.
The Pre-Foreclosure Property Preservation Program relieves servicers of property preservation, allowing you to focus your resources on your customer needs.
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