Fannie Mae Servicing Guide E-2.1-08 — Monitoring Borrower Payments and Critical Dates
Fannie Mae Servicing Guide E-2.1-08 — Monitoring Borrower Payments and Critical Dates.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide E-2.1-08 — Monitoring Borrower Payments and Critical Dates — 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-2.1-08 — Monitoring Borrower Payments and Critical Dates
E-2.1-08, Monitoring Borrower Payments and Critical Dates (11/12/2014) The following table provides Fannie Mae’s requirements for monitoring and tracking borrower payments. ✓ The servicer must… Keep accurate records of the payments it receives from the borrower before, during, and after the bankruptcy process. Ensure that both pre-petition and post-petition payments are made on time and are properly accounted for in accordance with • Fannie Mae’s standard servicing requirements, • the borrower’s contractual obligations, and • the rules of the bankruptcy court. Keep the law firm informed about the borrower’s payment record and send a new referral if the mortgagor becomes 60 days delinquent with their plan payments. The referral must be sent no later than two weeks from the 60th day of delinquency. Maintain a legal event record that includes dates and indicates the status of the case at various stages in the bankruptcy process.
Operationalizing Fannie Mae Servicing Guide E-2.1-08 — Monitoring Borrower Payments and Critical Dates
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Source of record: https://claudeforcompliance.com/regs/fnma-svc-e-2-1-08/
· register fnma-svc-e-2-1-08 · Claude for Compliance. Free to read and download;
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