Fannie Mae issued Servicing Guide Announcement SVC-2017-01, setting forth updates to the Servicing Guide. The Servicing Guide updates: incorporate new investor reporting requirements; retire the Non-Eligible List with respect to streamlined documentation loss mitigation options and deficiency judgements; and remove all references to MyCity Modification. The Servicing Guide updates generally went into effect January 18, 2017. The new investor reporting requirements, however, are effective February 1, 2017.
Click here to view the Fannie Mae Servicing Guide Announcement
