Archives For: Fannie Mae
Fannie Mae Servicing Guide Announcement SVC-2015-13 Servicing Guide Updates
Fannie Mae released an announcement (revised version) containing a number of Servicing Guide policy changes, including updates to property inspection frequency and lender-placed insurance requirements.
30 Oct 2015
Fannie Mae Path to Approval Toolkit Updated
Fannie Mae announced that the Path to Approval Toolkit has been updated in connection with Servicing Guide Announcement SVC-2015-08, Servicer Eligibility and Oversight Requirements for prospective seller/servicers.
21 Oct 2015
FHFA Prepared Remarks of Melvin Watt
The Federal Housing Finance Agency (FHFA) released the prepared remarks of Melvin L. Watt at the Mortgage Banker’s Association’s Annual Convention and Expo 2015.
19 Oct 2015
Fannie Mae Selling Guide Announcement SEL-2015-11: Selling Representations and Warranties Framework ? Origination Defects and Remedies
Fannie Mae issued an announcement detailing the adoption of the origination defects and remedies framework. The effective date for the framework will be January 1, 2016.
7 Oct 2015
FHLMC Guide Bulletin 2015-17: Origination Defects and Remedies Framework Announced
Freddie Mac issued a release announcing an origination defects and remedies framework effective for mortgages with Freddie Mac settlement dates on or after January 16, 2016.
7 Oct 2015
Fannie Mae Connect Implementation Notification
Fannie Mae released a notification announcing the launch of Fannie Mae Connect, which will commence on November 20, 2015.
6 Oct 2015
Fannie Mae Reminds Servicers of Options for South Carolina Homeowners
Fannie Mae issued a news release reminding servicers of existing guidelines that are in place to assist impacted borrowers that have been affected by natural disasters.
6 Oct 2015
Fannie Mae LL-2015-05 Execution and Retention of Loan Modification Agreements
Fannie Mae released Lender Letter LL-2015-05. The letter reminds servicers of their responsibilities related to executing, recording and/or retaining loan modification agreements.
30 Sep 2015
MHA HAMP Update Fannie Mae Security Update May Require Browser Setting Change
On September 30, Making Home Affordable (MHA) released a HAMP Update announcing that by the end of October 2015, MHA Program applications administered by Fannie Mae must be accessed using Transport Layer Security (TLS), which may require a Web browser setting change.
30 Sep 2015
FHFA AB 2015-07 Fraud Risk Management
The Federal Housing Finance Agency (FHFA) released an Advisory Bulletin which communicates to Fannie Mae and Freddie Mac the FHFA’s supervisory expectations for fraud risk management, including the establishment and maintenance of internal controls to prevent, deter and detect fraud or possible fraud.
29 Sep 2015