Skip to main content

SVC 2014-01: Mortgage Loan Modification Payment Change Notification Updates

Servicing Announcement 2014-01 reports that Fannie Mae is updating its requirements for the notification to borrowers regarding interest rate adjustments for those loans that have been modified and subject to step interest rate adjustments, including Fannie Mae HAMP Modifications. The Payment Change Notification Guidelines exhibit on Fannie Mae's Business Portal has also been updated.

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.