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 Servicing Guide Announcement SVC-2024-06
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.
November 14, 2024
