Fannie Pushes Servicing Guideline Effective Deadline Back to Oct. 1
August 5, 2011
Fannie Mae’s servicers have an additional 30 days to implement its new delinquency management and default prevention requirements, the GSE announced. In June, Fannie issued new servicing standards in compliance with the Federal Housing Finance Agency’s Servicing Alignment Initiative that the FHFA announced in April to establish consistent mortgage loan servicing and management requirements for servicers acting on behalf of Fannie and fellow GSE Freddie Mac. …