FNMA Servicing Guide E-2 — Managing Bankruptcy Proceedings
Servicing Guide Chapter E-2 governs handling of borrower bankruptcy filings and immediate suspension of collection efforts.
Verbatim regulatory text
Verbatim provisions from FNMA Servicing Guide E-2 — Managing Bankruptcy Proceedings — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FNMA Servicing Guide E-2.1-03 — Suspending Debt Collection Efforts
The servicer must immediately suspend any and all debt collection efforts (including foreclosure proceedings)
FNMA Servicing Guide E-2.1-01 — General Servicing Requirements for Mortgage Loans Under Bankruptcy Protection
Report the initiation of bankruptcy proceedings in the first delinquency status information it transmits to Fannie Mae after it learns that the borrower has filed for bankruptcy (even if the mortgage loan payment is current or less than 30 days delinquent).
Operationalizing FNMA Servicing Guide E-2 — Managing Bankruptcy Proceedings
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fnma-svc-e-2/
· register fnma-svc-e-2 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.