Servicing Guide Updates
The Servicing Guide has been updated to include the following:
- Updates to Short Sale Access Requirements
- Updates to Property Inspection Frequency
- Updates to Lender-Placed Insurance Requirements
- Revisions to Breach/Acceleration Letter Content Requirements
- Clarifications to Liquidation Action Code Descriptions
- Changes to Texas Section 50(a)(6) Modifications
- Changes to Requirements for Processing Modification Agreements
- Updates to Requirements for Unapplied Funds and Custodial Accounts
- Adjustments to Foreclosure Time Frames and Compensatory Fee Allowable Delays Exhibit
- Updates to Compensatory Fee Calculation Examples
- Changes to the Borrower Notification Sample Letter Exhibit
