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 within which routine foreclosure proceedings are to be completed; and announces a new telephone number (1-800-2FANNIE) for contacting Fannie Mae. The new telephone number replaces multiple phone numbers, including the Customer Contact Center, Servicer Support Center, Investor Reporting and Fannie Mae Regional Offices.
Fannie Mae
Fannie Mae Updates Area Median Incomes used to Determine Borrower Eligibility for HomeReady, RefiNow and Duty to Serve Loans
Fannie Mae updated the area median incomes (AMIs) used to determine a borrower’s eligibility for HomeReady, RefiNow, and Duty to Serve loans. The 2024 AMIs
May 13, 2024
