Fannie Mae Servicing Guide Announcement SVC -2015-13 - Revised*

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Fannie Mae Servicing Guide Announcement SVC -2015-13 – Revised*

Fannie Mae Servicing  Guide Announcement SVC -2015-13 – Revised*

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

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