Fannie Mae issued Lender Letter LL-2016-03. Under the Lender Letter, the mandatory effective date for lender-placed insurance (LPI) deductibles for servicers that use American Modern
Fannie Mae issued Selling Guide Announcement SEL-2016-04 (Announcement). This Announcement updates the Selling Guide with respect to: modifications of single-closing conversion of construction-to permanent loans;
Fannie Mae issued Servicing Guide Announcement SVC-2016-04 (Announcement). This Announcement: establishes new proration requirements for allowable foreclosure fees in the event a foreclosure is interrupted
Fannie Mae issued Lender Letter LL-2016-01. This Lender Letter provides guidance with respect to reversing the erroneous removal of a mortgage loan from an MBS
Fannie Mae issued Servicing Guide Announcement SVC-2016-03 (Announcement). This Announcement: eliminates the special servicer approval requirement with respect to Texas Section 50(a)(6) mortgage loans; allows
Fannie Mae issued Selling Guide Announcement SEL-2016-03 (Announcement). This Announcement: introduces the HomeStyle Energy mortgage loan (enabling the borrower to finance energy-efficient upgrades when purchasing
Fannie Mae issued Servicing Guide Announcement SVC-2016-02 (Announcement). This Announcement: clarifies requirements with respect to HAMP incentive payments; updates the maximum number of allowable days
Fannie Mae issued Selling Guide Announcement SEL-2016-02 (Announcement). This Announcement: eliminates the continuity of obligation policy; clarifies lender obligations for reporting a breach of a
Fannie Mae issued Servicing Guide Announcement SVC-2016-01 (Announcement). This Announcement: updates Form 629 (Request for Approval of Servicing or Subservicing Transfer); removes the Desktop Originator
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