Fannie Mae: We’re Simplifying Servicing: Find Out How at the MBA Servicing Conference
February 8, 2017
We’re simplifying servicing! Find out how at the MBA Servicing Conference
We have big news to share at the MBA’s National Mortgage Servicing Conference and Expo! If you’ll be at the Gaylord Texan, come visit us at The Hub — we’ll be front and center. It’s not too late to join us. For more details, visit the conference website.
Reminder: Impacts to HSSN and SMDU this weekend
Due to the changes to investor reporting during the weekend of February 10, Fannie Mae recommends delaying case creation and closing from February 10 at 7:30 p.m. to February 13 at 4 a.m. ET to avoid exceptions as information between our systems may not be synchronized. This recommendation is intended for those who use Servicing Management Default Underwriter™ (SMDU™) Case Management functionality to create HomeSaver Solutions™ Network (HSSN) cases, as well as those creating cases directly on HSSN. Note that XML bulk file submissions for HSSN submitted during this timeframe will be held and processed on February 13. SMDU Auto Decision is not impacted; SMDU will remain available per the usual availability schedule.
Our servicing-released options provide the servicing liquidity you need
In this short video, learn how our flexible, competitive, and convenient servicing-released options provide the servicing liquidity you need. Choose one of our co-issue options or use the Servicing Execution Tool™ in Pricing and Execution – Whole Loan® to concurrently sell your loan and servicing. Check out the Servicing Released Options section for more information.
Audit confirmation request reminder
Servicers are reminded to inform their external auditors to submit audit confirmations via email to:
- To reduce response time, ensure the following information is included in the request:
- Servicer’s 9-digit lender identification number
- Authorized signature of an officer of the financial institution
- Effective date for the audit confirmation
- And additional information listed in Chapter 1, Section 1-03 of the Fannie Mae Servicing Guide Investor Reporting Manual: Requesting Audit Confirmations
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Source: Fannie Mae