Fannie Mae Servicing Guide E-2.1-10 — Dealing with Delays in the Bankruptcy Process

fnma-svc-e-2-1-10

Fannie Mae Servicing Guide E-2.1-10 — Dealing with Delays in the Bankruptcy Process.

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Fannie Mae Servicing Guide E-2.1-10 — Dealing with Delays in the Bankruptcy Process

E-2.1-10, Dealing with Delays in the Bankruptcy Process (11/12/2014) The bankruptcy timelines in this chapter represent expected time frames within which Fannie Mae expects a routine bankruptcy proceeding to be concluded, given the applicable legal requirements. Fannie Mae recognizes there are a variety of issues that may cause delays in completing bankruptcy cases. Examples of potential delays in the bankruptcy process include: Published May 13, 2026 420 the borrower performing in accordance with an adequate protection order or stipulation, a bankruptcy trustee attempting to sell the property securing the mortgage loan, or jurisdictional constraints being present. The servicer must ensure all pre-petition and post-petition payments are properly applied and monitored in accordance with all applicable laws and as described in Processing Pre-Petition and Post-Petition Payments in E-2.2-04, Managing Chapter 13 Bankruptcies. The servicer is responsible and accountable for any and all timeline delays attributable to the law firm. Recent Related Announcements There are no recently issued Announcements related to this topic.

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