ANNOUNCEMENT | Fannie Mae Updates to Imminent Default Definition and Determining Market Value for Preforeclosures

This Announcement describes updates to several servicing policies, including:

Updates to the imminent default definition for mortgage loan modifications
Determining property market value for preforeclosure sales and deeds-in-lieu of foreclosure

[ipaper docId=56562897 access_key=key-eqzq8bsxobgm8cqo4my height=600 width=600 /]

You can also google the following confidential manual via Freddie Mac by typing “freddie mac imminent default indicator manual”

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