Action required
Fannie Mae Servicing Guide update: remittance clarifications and income assessment updates
Loan impactConventionalIncomeServicingUnderwriting
Applies to: Fannie Mae sellers and servicers applying income assessment policy under Chapter B3-3 and servicing transfer reviews; servicers of loans in Stop Delinquency Advance process benefit from the removed guaranty fee advance requirement.
What to review: First review the mandatory income assessment updates to Selling Guide Chapter B3-3, which may be applied immediately but must be applied by June 1, 2026; then note that servicers may use the remittance clarifications (guaranty fee advance removal for Stop Delinquency Advance loans, and removed buydown funds language) immediately. AWACS interpretation
Effective Jun 1, 2026; other items nowView affected requirements →