Archives For: update
Fannie Mae: 2020 Year in Review
Fannie Mae issued a release reviewing all Servicing Guide updates, all Selling Guide updates and Lender Letters from last year.
6 Jan 2021
Fannie Mae: December AAA Matrix Updates
Fannie Mae announced that all AAA matrices have been updated as of December 16, 2020.
16 Dec 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
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: AAA Matrix Update – July 2020
Fannie Mae announced that as of July 1, 2020, the fee amount for the Case Management Hearing – Illinois Administrative Order – SP37 Standard Excess Fee has been updated in the Illinois Attorney Authorization Approval matrix.
15 Jul 2020
Fannie Mae: AAA Matrix Update – June 2020
Fannie Mae announced that nine AAA matrices have been updated effective June 17, 2020. The announcement reflects a detailed list of updates made by jurisdiction.
17 Jun 2020
Fannie Mae: LoanSphere Invoicing Line Item Consolidation
Fannie Mae announced that in an effort to streamline servicer submissions for Grass Cut (Property Services) and Attorney Fee expenses, multiple subcategories will be deactivated in LoanSphere Invoicing and new sub-categories will be delivered, effective Aug. 1, 2020. This change will result in a net reduction of 28 subcategories.
3 Jun 2020
Fannie Mae: AAA Matrix Update – March 2020
Fannie Mae announced that all AAA matrices have been updated effective March 18, 2020. The announcement reflects a detailed list of updates made by jurisdiction.
18 Mar 2020
Fannie Mae: AAA Matrix Update – January 2020
Fannie Mae announced that all AAA matrices have been updated effective January 15, 2020. The announcement reflects a detailed list of updates made by jurisdiction.
15 Jan 2020
Fannie Mae: LoanSphere Invoicing Line Item Updates
Fannie Mae announced that effective February 27, 2020, the LoanSphere Invoicing application will be updated with a new line item for the following reimbursable expense: “Initial Grass Cut – Less than 10,000 sq ft”. Additionally, the “Lawn Care – Less than 10000 sq ft” line item will be deactivated.
18 Dec 2019