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