Archives For: updates
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
Fannie Mae: SVC-2019-07: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide. Included are changes that streamline requirements related to canceling property insurance and flood insurance when Fannie Mae acquires a property.
13 Nov 2019
Fannie Mae: SVC-2019-06: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide. Included are changes to maximum allowable foreclosure and bankruptcy attorney fees.
11 Sep 2019
Fannie Mae: Extension of Cost of Funds Index
Fannie Mae issued a notice alerting servicers of an extension of the cost of funds index (COFI) for one additional year.
31 Jul 2019
Fannie Mae: SVC-2019-05: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide that simplifies its escrow waiver policy, clarifies requirements for compliance with Office of Foreign Assets Control (OFAC) regulations, and more.
10 Jul 2019
Fannie Mae: SVC-2019-04: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide that simplify requirements for release of property requests, clarify investor reporting requirements, and more.
12 Jun 2019
Fannie Mae: SVC-2019-03: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide that clarify policy regarding mortgage insurance (MI) termination solicitations, simplify policies by removing references to designated document custodians, and more.
15 May 2019
Fannie Mae: AMN/HSSN Enhancements Coming
Fannie Mae announced upcoming Asset Management network (AMN)/HomeSaver Solutions Network (HSSN) updates scheduled for March 23, 2019.
21 Mar 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced a number of updates to its AAA Matrix.
19 Dec 2018
Fannie Mae: SVC-2018-09: Servicing Guide Updates
Fannie Mae issued a release containing a number of updates relevant to servicers. Included are changes to guidelines for managing insurance loss proceeds.
12 Dec 2018