FNMA Announcement 09-27: Miscellaneous Servicing Policy Changes

According to FNMA Announcement 09-27, Fannie Mae has announced several updates to its various servicing policies, as itemized below:

  • Update to Reporting Requirements for the HomeSaver ForbearanceTM
  • Transmission of Fannie Mae Loan Number to Approved Title Companies
  • Interest Calculation on Payments-in-Full on FHA Mortgage Loans
  • Update to Home Equity Conversion Mortgage Process for Incomplete Repairs

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