Fannie Mae Restricts Purchase of LIBOR ARMs due to Anticipated Discontinuance of LIBOR Index
Fannie Mae issued Lender Letter LL-2019-05, restricting the purchase of LIBOR ARMs due to the anticipated discontinuance of the LIBOR index in 2021. Per the
Fannie Mae issued Lender Letter LL-2019-05, restricting the purchase of LIBOR ARMs due to the anticipated discontinuance of the LIBOR index in 2021. Per the
Fannie Mae issued Selling Guide Announcement SEL-2019-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae has transitioned to Loan Quality
Fannie Mae issued Lender Letter LL-2019-1 (Lender Letter), providing guidance related to the federal government shutdown. The Lender Letter clarifies Fannie Mae’s expectations and requirements
Fannie Mae issued Lender Letter LL-2019-2 (Lender Letter), establishing a 2 month minimum reserve requirement for borrowers impacted by the federal government shutdown (Shutdown). Per
Fannie Mae issued Lender Letter LL-2018-06, providing guidance related to the federal government shutdown. The Lender Letter sets forth temporary guidance with respect to selling
Fannie Mae issued Servicing Guide Announcement SVC-2018-10 (Announcement), setting forth amendments to foreclosure time frames and Fannie Mae’s compensatory fee process. Per the Announcement, Fannie
Fannie Mae issued Servicing Guide Announcement SVC-2018-09 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: updated policies related to property
Fannie Mae issued Selling Guide Announcement SEL-2018-09 (Announcement), setting forth updates to the Selling Guide. As outlined in the Announcement, Fannie Mae updated the Selling
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2019. The 2019 maximum
Fannie Mae issued Servicing Guide Announcement SVC-2018-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: simplified short sale and Mortgage
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