FNMA Servicing Guide C-4 — Reporting

fnma-svc-c-4

Servicing Guide Chapter C-4 sets credit-bureau and IRS reporting requirements.

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source:
  type: regulation
  id: fnma-svc-c-4
  authority: FNMA Servicing Guide C-4 — Reporting
  description: |
    Servicing Guide Chapter C-4 sets credit-bureau and IRS reporting requirements.
obligations:
  - id: fnma-svc-c-4-monthly-credit-bureau-reporting
    canonical_id: fnma-svc-c-4-monthly-credit-bureau-reporting
    section: FNMA Servicing Guide C-4.1-01 — Notifying Credit Repositories
    description: |
      [LENDER] must provide the status of each mortgage loan to each of the
      four major credit repositories as of the last day of each month for
      every Fannie Mae mortgage loan in [LENDER]'s portfolio or in an MBS,
      using the appropriate status codes (new originations, current,
      delinquent including forbearances/repayment plans/TPPs/modifications,
      and liquidated including short sales/Mortgage Releases/foreclosures/
      law enforcement seizures/charge offs).
    type: do
    audit_question: For every Fannie Mae mortgage loan, can [LENDER] evidence monthly status reporting to all four major credit repositories as of the last day of each month, with correct status codes (origination, current, delinquency tier, workout, or liquidation)?
    program_review: Does the program ensure monthly status reporting to all four major credit repositories as of the last day of each month, with correct status codes (origination, current, delinquency tier including forbearance/repayment/TPP/modification, liquidation)?
    file_review: Sample loans; confirm monthly four-repository reporting as of month-end with correct status codes.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: monthly
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - fnma
      - servicing-guide
      - credit-reporting
      - monthly
      - promoted
    primary_source:
      tier: 1
      authority: FNMA Servicing Guide C-4.1-01
      source_class: fnma-guide
      source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
      snapshot_id: cf63a82bbb4adfba
      fetched_at: '2026-05-22T23:53:19Z'
      content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
      paragraph_quote: Provide the status of each mortgage loan to each of the four major credit repositories as of the last
      drafter_attestation: |
        Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter C-4) at 2026-05-22.
    promoted_at: '2026-05-23T00:25:11+00:00'
    promoted_from: fnma-svc-c-4-roundb-v1.yaml
  - id: fnma-svc-c-4-irs-1099-filing
    canonical_id: fnma-svc-c-4-irs-1099-filing
    section: FNMA Servicing Guide C-4.2-01 — Filing IRS Forms
    description: |
      [LENDER] must file IRS Forms 1099-A and 1099-C in accordance with IRS
      requirements on Fannie Mae's behalf for portfolio mortgage loans
      (including participation pool mortgage loans if Fannie Mae's percentage
      ownership is 50% or greater) and for MBS mortgage loans (including
      mortgage participations if the securitized portion of the whole mortgage
      loan is 50% or greater) that are not serviced under the regular
      servicing option.
    type: do
    audit_question: For every Fannie Mae portfolio or non-regular-option MBS mortgage loan, can [LENDER] evidence timely filing of IRS Forms 1099-A and 1099-C on Fannie Mae's behalf when an acquisition, abandonment, or debt cancellation event has occurred?
    program_review: Does the program ensure IRS Forms 1099-A and 1099-C are filed on FNMA's behalf per IRS requirements for portfolio loans (incl. participation pools ≥50% FNMA) and non-regular-option MBS loans (incl. participations ≥50% securitized)?
    file_review: For acquisition/abandonment/cancellation events on covered loans, confirm timely 1099-A/1099-C filing on FNMA's behalf.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: annual
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - fnma
      - servicing-guide
      - irs-reporting
      - 1099-a
      - 1099-c
      - promoted
    primary_source:
      tier: 1
      authority: FNMA Servicing Guide C-4.2-01
      source_class: fnma-guide
      source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
      snapshot_id: cf63a82bbb4adfba
      fetched_at: '2026-05-22T23:53:19Z'
      content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
      paragraph_quote: IRS Forms 1099-A and 1099-C in accordance with IRS requirements on Fannie Mae’s behalf for
      drafter_attestation: |
        Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter C-4) at 2026-05-22.
    promoted_at: '2026-05-23T00:25:11+00:00'
    promoted_from: fnma-svc-c-4-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-23T00:25:11+00:00'
    candidate_path: C:\Users\earlc\broker-tools\obligations\_remediation\_round_b_drafts\fnma-svc-c-4-roundb-v1.yaml
    candidates_promoted: 2
    candidates_skipped_existing: 0

Verbatim regulatory text (2)

Verbatim provisions from FNMA Servicing Guide C-4 — Reporting — 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 C-4.1-01 — Notifying Credit Repositories

Provide the status of each mortgage loan to each of the four major credit repositories as of the last

Source: FNMA Servicing Guide C-4.1-01 · source URL · snapshot cf63a82bbb4adfba

FNMA Servicing Guide C-4.2-01 — Filing IRS Forms

IRS Forms 1099-A and 1099-C in accordance with IRS requirements on Fannie Mae’s behalf for

Source: FNMA Servicing Guide C-4.2-01 · source URL · snapshot cf63a82bbb4adfba