Fannie Mae issued Servicing Guide Announcement SVC-2016-10 (Announcement). The Announcement: updates deadlines for submitting expense reimbursement requests; establishes additional property preservation repair descriptions and expense limits; updates document custodian requirements for transferee servicers; updates the Request for Approval of Servicing or Subservicing Transfer form (Form 629); clarifies mortgage loan modification requirements; increases the maximum reimbursement amount for posting a Notice of Foreclosure Sale in rural California counties; and updates the Allowable Foreclosure Attorney Fees Exhibit with respect to California and Minnesota.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
June 4, 2025
