Fannie Mae announced that it will no longer charge a fee to exercise a property inspection waiver (PIW). The process for exercising a PIW offer will not change – lenders must provide special feature code (SFC) 801 at the time of loan delivery – but the fee will no longer apply. Discontinuance of the fee applies to all loans delivered with SFC 801 on or after January 1, 2017.
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Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2025-01
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