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Fannie Mae Issues Servicing Guide Announcement SVC-2023-01

Fannie Mae issued Servicing Guide Announcement SVC-2023-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae:

  • Clarified reimbursement requirements for electronic filing and recording expenses in connection with legal proceedings;
  • Incorporated the minimum financial requirements described in Lender Letter LL-2022-04;
  • Updated the Allowable Foreclosure Attorney Fees Exhibit to reflect the correct Louisiana judicial foreclosure fee of $2,700; and
  • Removed announcements published prior to 2018 from the Related Announcements list.

The revisions went into effect March 8, 2023.

Click to view the Fannie Mae Servicing Guide Announcement SVC-2023-01: https://www.tenaco.com/wp-content/uploads/2023/03/Fannie-Mae-Servicing-Guide-Announcement-SVC-2023-01-03-08-23.pdf

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