Loans with LPI on or after 06/01/12: No credit will be given.
LIST OF FANNIE MAE FORECLOSURES CODE
Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Codes 3L and 65), up to a maximum of 80 days for each filing.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Code 66), up to a maximum of 125 days for each filing.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Code 59), up to a maximum of 125 days for each filing.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Codes 67 and 69), up to a maximum of 125 days for each filing.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Code 31), up to a maximum of 120 days for the first occurrence.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Code 32), up to a maximum of 455 days for the first occurrence.Ĭredit will be given for the actual number of days between the begin date and the end date (reported using Delinquency Status Code 33), up to a maximum of 90 days for the first occurrence. The table below specifies the number of days Fannie Mae will add to the state foreclosure time frame to determine the servicer’s foreclosure time frame performance in accordance with the Fannie Mae Servicing Guide. ** Due to certain judicial decisions in Oregon, the servicer and mortgage default counsel in Oregon may, depending on the facts and circumstances of a particular case, decide to proceed with a judicial foreclosure without further approval from Fannie Mae.Ĭompensatory Fee Allowable Delays Exhibit Fannie Mae will provide procedural instructions and allowable fees if approval is granted. The servicer or law firm must submit a Non-Routine Litigation Form (Form 20 ) to request the necessary approval. Fannie Mae's Regional Counsel must approve the use of a different methodology prior to foreclosure initiation.
![list of fannie mae foreclosures list of fannie mae foreclosures](https://media.npr.org/assets/img/2011/10/04/foreclosure_wide-9e5fc291cb05aef055569e6cdf5e489b48e88153-s1100-c50.jpg)
*This methodology is the preferred method of foreclosure for each jurisdiction.