Freddie Mac Issued Bulletin 2016-17 (Bulletin). The Bulletin: updates Freddie Mac’s State foreclosure timelines; updates reimbursement requirements for attorney fees and costs when a nonjudicial foreclosure is restarted; updates closing, reporting and remittance requirements with respect to deeds-in-lieu of foreclosure; sets forth Freddie Mac Servicer Success Scorecard changes, including revisions to default management and investor reporting metrics, and ranking methodology for the default management category; and sets forth additional updates and revisions in the “Additional Guide Updates and Reminders” section.
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
