FNMA Servicing Guide A2-3 — Servicer Compensation
FNMA Servicing Guide A2-3 covers servicer compensation structure — servicing fees, ancillary fee retention (late charges, fees for specified servicing activities, yield differential adjustments, prepayment premiums under negotiated contracts), the cost-bears allocation, the negative-amortization fee-calculation rule, and the flat prohibition on sale, assignment, transfer, pledge, or hypothecation of servicing compensation or rights except per A2-7-02. Fills the long-standing A3 compensation library gap.
Verbatim regulatory text
Verbatim provisions from FNMA Servicing Guide A2-3 — Servicer Compensation — 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 A2-3-01 — Prohibition on pledge / sale / transfer of servicing compensation
The servicer may not sell, assign, transfer, pledge, or hypothecate its servicing compensation (or any portion of it) or enter into any agreement that would result in the sale, assignment, transfer, pledge, or hypothecation of that income or its servicing rights, except under the conditions and circumstances specified in A2-7-02, Pledge of Servicing Rights and Transfer of Interest in Servicing Income.
FNMA Servicing Guide A2-3-01 — Negative amortization servicing-fee calculation
when a mortgage loan is undergoing negative amortization, servicing fees must be based on the interest amount that is accrued, rather than on the amount that was actually collected.
FNMA Servicing Guide A2-3-01 — Servicer bears the cost of servicing
the servicer bears the cost of servicing mortgage loans sold to Fannie Mae, except as expressly provided otherwise in Fannie Mae’s Guides.
Operationalizing FNMA Servicing Guide A2-3 — Servicer Compensation
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-a2-3/
· register fnma-svc-a2-3 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.