Fannie Mae issued Servicing Guide Announcement SVC-2021-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae:
- broadened the requirements for acceptance of mortgage assistance funds;
- introduced a new process for filing conventional mortgage insurance (MI) claims in the new Fannie Mae MI Claims Portal (MICP);
- simplified the REOgram notification process; and
- included a reference to recently added Selling Guide policies for notarization standards and remote ink-signed notarization.
Revisions related to the new process for filing conventional mortgage insurance claims are effective October 1, 2021. Revisions related to the REOgram notification process are effective September 1, 2021 (servicers are, however, encouraged to implement this revision immediately). Revisions related to policies for notarization standards and remote ink-signed notarization are effective August 1, 2021. All other revisions are effective immediately.
Click to view the Fannie Mae Servicing Guide Announcement SVC-2021-04: https://www.tenaco.com/wp-content/uploads/2021/07/Fannie-Mae-Servicing-Guide-Announcement-SRV-2021-04-07-14-21.pdf
