Archives For: SVC-2018-04
Fannie Mae: Servicing Guide Updates; New Consolidated Forbearance Plan; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included are several Servicing Guide updates that clarify servicer requirements for submitting Form 1022 (Servicemembers Civil Relief Act (SCRA) Reporting and Disbursement Form), provide forbearance plan options, and respond to servicer feedback by removing the time frame associated with servicer reimbursements for escrow advances on delinquent loans.
13 Jun 2018