Fannie Mae updated reimbursement criteria for certain servicer expenses related to foreclosure. The updated reimbursement criteria relates to the reimbursement of foreclosure attorney fees, sale publication costs, property inspections, legal sales tax, and non-recoverable advances. In addition, Fannie Mae updated several line items in the LoanSphere Invoicing application. The updates are effective immediately.
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
