Fannie Mae issued Lender Letter LL-2016-02. This Lender Letter announces the Fannie Mae Principal Reduction Modification. The Fannie Mae Principal Reduction Modification offers principal reduction and targets mortgage loans with negative equity that are at least 90 days delinquent as of March 1, 2016, and meet certain eligibility requirements.

Fannie Mae
Fannie Mae Issues Selling Guide Announcement SEL-2025-02
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager