Fannie Mae issued Servicing Guide Announcement SVC-2016-10 (Announcement). The Announcement: updates deadlines for submitting expense reimbursement requests; establishes additional property preservation repair descriptions and expense limits; updates document custodian requirements for transferee servicers; updates the Request for Approval of Servicing or Subservicing Transfer form (Form 629); clarifies mortgage loan modification requirements; increases the maximum reimbursement amount for posting a Notice of Foreclosure Sale in rural California counties; and updates the Allowable Foreclosure Attorney Fees Exhibit with respect to California and Minnesota.
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
February 17, 2025
