Fannie Mae issued a Servicing Notice (Notice), updating the Legacy LIBOR Replacement Index Servicing Notice to reflect the new naming convention for the rebranding from Refinitiv to Financial Times Stock Exchange (FTSE), as provided by the London Stock Exchange Group. Fannie Mae will be adopting this rebranding by June 30, 2024.
Click to view the Fannie Mae Servicing Notice: https://www.tenaco.com/wp-content/uploads/2024/01/Fannie-Mae-Servicing-Notice-01-10-24.pdf
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Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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