Fannie Implementation of New Delinquency Management Rules

Fannie Mae has issued a notice to servicers alerting them of a change in the effective date for new delinquency management and default prevention requirements.

Fannie is pushing the date by which servicers must implement the new requirements out by a month to October 1, 2011. Fannie Mae’s and Freddie Mac’s procedures for handling past-due mortgages are being brought in line with one another.


https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2011/ntce072011.pdf


https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2011/svc1108.pdf