Fannie Mae Servicing Guide F-2-02 — Incentive Fees for Workout Options

Fannie Mae Servicing Guide F-2-02 — Incentive Fees for Workout Options

F-2-02, Incentive Fees for Workout Options (10/11/2023) Introduction This exhibit contains incentive fees for workout options. Incentive Fees for Workout Options Incentive Fees for Workout Options Published May 13, 2026 698 The following table lists the incentive fees for certain workout options that will be paid on mortgage loans where Fannie Mae bears the risk of loss. Note: Servicer incentive fees for retention workout options will be cumulatively capped at a total of $1,000 per mortgage loan, regardless of whether the initial retention workout option and any subsequent retention workout option were a result of the same hardship. Liquidation workout options are not subject to the cumulative incentive fee cap. Workout Option Incentive Fee Additional Information Repayment Plan $500 The following conditions must be satisfied: • The mortgage loan must be 60 days or more delinquent when first reported with a delinquency status code 12 – Repayment Plan. • The mortgage loan must be brought current upon the successful completion of the repayment plan. • The mortgage loan must not be brought current in the same month as the delinquency status code 12 – Repayment Plan is reported. • The mortgage loan must not be paid in full or repurchased after the delinquency status code 12 – Repayment Plan is reported and before the mortgage loan becomes current. • If a repayment plan incentive fee has been paid for the mortgage loan previously, a 12-month period must have elapsed from the date the mortgage loan became current. Payment Deferral, Disaster Payment Deferral $500 The servicer must complete the payment deferral or disaster payment deferral (i.e., submit the case via Fannie Mae’s servicing solutions system). Fannie Mae Flex Modification $1,000 The servicer must close the Fannie Mae Flex Modification within two months of the last day of the month in which the final Trial Period Plan payment is due. Published May 13, 2026 699 Workout Option Incentive Fee Additional Information Fannie Mae Short Sale Number of Days the Mortgage Loan is Delinquent at the Time the Case is Closed in Fannie Mae’s servicing solutions system Incentive Fee Amount None Less than or equal to 210 days delinquent $2,500 211 days delinquent up to and including 300 days delinquent $1,500 Greater than 300 days delinquent $750 Fannie Mae Mortgage Release (Deed-in-Lieu of Foreclosure) Number of Days the Mortgage Loan is Delinquent at the Time the Case is Closed in Fannie Mae’s servicing solutions system Incentive Fee Amount None Less than or equal to 210 days delinquent $2,500 211 days delinquent up to and including 300 days delinquent $1,500 Greater than 300 days delinquent $750 Recent Related Announcements The table below provides references to recently issued Announcements that are related to this topic. Announcements Issue date Announcement SVC-2023-05 October 11, 2023 Published May 13, 2026 700 Announcements Issue date Announcement SVC-2020-07 December 9, 2020 Announcement SVC-2020-04 September 9, 2020

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