Fannie Mae SVC-2015-11 Servicing Guide Updates
Investor Update
August 12, 2015
Fannie Mae released Servicing Guide Announcement SVC-2015-11, subtitled Servicing Guide Updates. The Servicing Guide has been updated to include the following:
- Extension to receive an Executed Form 720
- Updates to Requirements for Collecting Under an Assignment of Rents
- Updates to Requirements for Performing Property Inspections
- Changes to Issuing Bidding Instructions
- Updates to Flood Insurance Requirements
- Miscellaneous revisions
Please click here to view the announcement in its entirety.