Fannie Mae Servicing Guide E-3.1-01 — General Servicing Requirements Related to Foreclosure Proceedings
Fannie Mae Servicing Guide E-3.1-01 — General Servicing Requirements Related to Foreclosure Proceedings.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide E-3.1-01 — General Servicing Requirements Related to Foreclosure 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.
Fannie Mae Servicing Guide E-3.1-01 — General Servicing Requirements Related to Foreclosure Proceedings
E-3.1-01, General Servicing Requirements Related to Foreclosure Proceedings (11/12/2014) This chapter provides Fannie Mae’s requirements and policies for conducting foreclosure proceedings for Fannie Mae mortgage loans. Fannie Mae sets out those instances when its requirements vary for any particular lien type, amortization method, remittance type, servicing option, mortgage loan type, or ownership interest. Absent any restrictive language, the same policy or requirement applies for all mortgage loans Fannie Mae has purchased or securitized as standard transactions. Occasionally, Fannie Mae may address the need for a special servicing option MBS mortgage loan to be handled in a different manner than other mortgage loans serviced for Fannie Mae. Under no circumstances should the servicer of a regular servicing option MBS mortgage loan interpret the content of this chapter as relieving it of its responsibilities and obligations for conducting the foreclosure proceedings and disposing of the acquired property, including the absorption of all costs and any related losses. Recent Related Announcements Published May 13, 2026 439 There are no recently issued Announcements related to this topic.