Archives For: Fannie Mae
Fannie Mae: SVC-2020-05: Servicing Guide Updates
Fannie Mae issued a release announcing updates to its Valuation Management System Valuation Order template, Evaluation Notices and payment deferral agreement.
14 Oct 2020
Fannie Mae: Assistance Options for Those Affected by Hurricane Delta
Fannie Mae issued a release reminding homeowners and mortgage servicers of assistance options for those affected by Hurricane Delta.
8 Oct 2020
Fannie Mae: Texas AAA Matrix Update
Fannie Mae announced that Investor Pre-Approval is no longer required for services rendered on or after Oct. 1, 2020, for claims associated with a home equity judicial foreclosure in Texas.
30 Sep 2020
FHFA: Input on Strategic Plan For Fiscal Years 2021-2024 Request
The FHFA issued a request for input on its Strategic Plan: Fiscal Years 2021-2024, which establishes new goals that are necessary for FHFA to fulfill its statutory duties, including responsibly ending the conservatorships of Fannie Mae and Freddie Mac.
22 Sep 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Sally and West Coast Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Sally and the West Coast Wildfires of disaster relief options.
16 Sep 2020
Fannie Mae: SVC-2020-04: Servicing Guide Updates
Fannie Mae issued an update that revises the allowable foreclosure attorney fees for Hawaii, incorporates disaster payment deferral policy and references to payment deferral, updates the authority to offer an initial forbearance plan of up to three months without achieving quality right party contact in connection with a disaster event, and removes outdated references to master agreements.
9 Sep 2020
Fannie Mae: Hawaii AAA Matrix Update
Fannie Mae announced that effective September 9, 2020, the maximum allowable amount for the judicial foreclosure fee has been updated from $4,950 to $9,000 for Honolulu County, Hawaii and from $6,000 to $10,000 for all other counties in the Hawaii AAA Matrix.
3 Sep 2020
Fannie Mae Lender Letter LL-2020-11: Disaster Payment Deferral
Fannie Mae announced that LL-2020-11 has been revised to clarify the intent of certain requirements in response to servicer inquiries. Additionally, an update has been made on the authority to offer an initial forbearance plan of up to three months without achieving quality right party contact in certain circumstances in connection with a disaster event.
27 Aug 2020
Fannie Mae: Suspension of Foreclosures and Evictions on Single-Family Mortgages Through Year-End
Fannie Mae announced an extension of a temporary moratorium on foreclosures and evictions until December 31, 2020.
27 Aug 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Laura and California Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Laura and the California Wildfires of available mortgage assistance and disaster relief options.
26 Aug 2020