Fannie Mae issued Servicing Guide Announcement SVC-2016-02 (Announcement). This Announcement: clarifies requirements with respect to HAMP incentive payments; updates the maximum number of allowable days within which routine foreclosure proceedings are to be completed; and announces a new telephone number (1-800-2FANNIE) for contacting Fannie Mae. The new telephone number replaces multiple phone numbers, including the Customer Contact Center, Servicer Support Center, Investor Reporting and Fannie Mae Regional Offices.

FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early