19 Jul Fannie Mae: SVC-2021-04: Servicing Guide Updates
July 14, 2021
Source: Fannie Mae
The Servicing Guide has been updated to include changes to the following:
▪ Mortgage assistance fund program providers*: updates requirements to apply more broadly to handling funds provided on behalf of a borrower from a state or local government mortgage assistance fund program.]
▪ Mortgage insurance claims portal*: introduces a new process for filing conventional MI claims with participating mortgage insurers.
▪ REOgram™ notifications*: simplifies the use of a manual data entry application, Asset Management Network (AMN), into
a real-time automated application, Property 360™, for REOgram notifications.
▪ Notarization standards: includes a reference to recently added Selling Guide policies for notarization standards and remote ink-signed notarization.
View the list of impacted topics.
*Policy change not applicable to reverse mortgage loans.
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