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Fannie Mae Releases New Rules for Servicers

Fannie Mae Releases New Rules for Servicers


During the last week of April, the Federal Housing Finance Agency (FHFA) has instructed government sponsored enterprises (GSE) Fannie Mae and Freddie Mac to align their servicing guidelines in order to standardize the servicing requirements and also the incentives and penalties. The said directive is believed to have been given in response to the enduring problems in the housing sector wherein the rising number of foreclosures has lead to an [...]
Source: Foreclosure Connections Blog Articles And Foreclosure Information

Fannie Mae Releases New Rules for Servicers

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