Fannie Mae issued Lender Letter LL-2017-09, introducing the Fannie Mae Extend Modification for Disaster Relief (Extend Mod). The Extend Mod is a temporary post-disaster forbearance
Fannie Mae issued Selling Guide Announcement SEL-2017-08, setting forth updates to the Selling Guide. The Selling Guide Updates: consolidate and streamline duplicative content between the
Fannie Mae issued frequently asked questions (FAQ) and corresponding answers regarding policies and assistance for borrowers impacted by a hurricane. The FAQ provides answers to
Fannie Mae issued Servicing Guide Announcement SVC-2017-09 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae removed duplicative content from several
Fannie Mae issued Lender Letter LL-2017-08, introducing a new imminent default evaluation process for conventional mortgage loan modifications. Developed jointly with Freddie Mac (at the
Fannie Mae issued Selling Guide Announcement SEL-2017-08 (Announcement), setting forth updates to the Selling Guide. Under the updated Selling Guide, lenders must electronically submit to
Fannie Mae issued Lender Letter LL-2017-07. Per the Lender Letter, Fannie Mae is extending the disaster policies communicated in recent Lender Letters to all hurricanes
Fannie Mae issued Lender Letter 2017-05, announcing a new high loan-to-value (LTV) refinance program. The new high LTV refinance program is designed for borrowers who
Fannie Mae issued Servicing Guide Announcement SVC-2017-07 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, Fannie Mae redesigned and renamed
Fannie Mae issued Lender Letter LL-2017-06, announcing additional clarifications for mortgage loans impacted by Hurricanes Harvey and Irma. The Lender Letter contains both selling and
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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