Lender Letter (LL-2011-01R) is a reissuance of Lender Letter LL-2011-01, which was originally issued on January 18, 2011. The Lender Letter is being re-issued to clarify the modification eligibility of an unemployed borrower who becomes re-employed. In Lender Letter LL-2010-12, Making Home Affordable: Interactions with Hardest-Hit Fund Unemployment and Reinstatement Programs, Fannie Mae provided guidance on servicer roles and responsibilities regarding the Hardest Hit Fund (HHF) programs. This Lender Letter provides further guidance on servicer responsibilities in connection with mortgage loans owned or guaranteed by Fannie Mae and the HHF Unemployment and Reinstatement Programs.
