Fannie Mae Updated Florida AAA Matrix
September 25, 2015
Excess Attorney Fee Request Guidelines
Fannie Mae’s approval is required for any foreclosure-related or bankruptcy-related attorney fees that exceed the maximum allowable attorney fees set forth in our Servicing Guide, Servicing Guide exhibits and related updates, or other Fannie Mae guidance.
The AAA Matrix provides state-specific excess fee process guidelines and includes an excess fee process overview, as well as additional procedures and specific fee request requirements.
The matrix refers to applicable Servicing Guide provisions and other policies. Fannie Mae provides the AAA Matrix directly to the attorneys and updates the matrices as needed.
The process encompasses only attorney fees for legal services provided. It does not cover costs (anything other than an attorney fee). We review and reimburse costs to servicers through the expense reimbursement (or claims) process.
Only attorneys may submit excess fee requests. Fannie Mae does not accept excess fee requests from servicers.
Source: Fannie Mae (Excess Attorney Fee Guidelines page full version)