Archives For: SVC-2017-08

Fannie Mae: SVC-2019-08: Servicing Guide Announcements

Fannie Mae announced a number of updates relevant to sellers/servicers. Included is the introduction of a payment shortage tolerance that authorizes a servicer to accept a mortgage loan payment that is deficient by $50 or less for up to three monthly payments during a 12 month period.

11 Dec 2019