Servicing Guide

Published June 10, 2020

The Servicing Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the sections below. You may also download the entire Servicing Guide in PDF format.

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Future Cash Simplification Changes to Investor Reporting – Process Requirements - Summary of Fannie Mae’s SURF ™ Reports

Summary of Fannie Mae’s SURF TM Reports

Report

Fannie Mae Current

Actual/Actual A/A

S/S (MRS)

S/A

S/S (Swap MBS)

Fannie Mae After Change

Shortage/Surplus Report

Updated monthly & available on 3rd Business Day. This report allows you to view shortage/surplus summary information for your Actual/Actual, Scheduled/Actual, and Scheduled/Scheduled (MRS) portfolios

 

 

 

This report will display A/A shortage surplus information only.

Report timing to change to BD3+1 (after A/A cash cycle close). 

ARM Download

Provides 58 data elements for every ARM loan in your portfolio. The report can assist you in identifying discrepancies between data that exist on your system and Fannie Mae’s.

 

 

 

 

No Change to Download.

Enhanced Download

Allows you to retrieve 27 of the most critical data elements for every loan in your portfolio, enabling you to compare your data to Fannie Mae’s.

 

 

 

 

No Change to Download.

Enhanced MBS Download

Provides a monthly snapshot of your Scheduled/Scheduled MBS Loan portfolio.

 

 

 

 

No Change to Download.

Enhanced S/S Whole Loans Download

Provides a monthly snapshot of your MRS Scheduled/Scheduled Whole Loan portfolio.

 

 

 

 

No Change to Download.

Fixed Download

Provides 24 data elements for every fixed-rate mortgage loan in your portfolio.

 

 

 

 

No Change to Download.

LAR Correction Report – 83

 

Provides details on all Monthly Payment/Note Rate Changes 83 transactions for the current day that are manually keyed and saved using the Loan Reporting dialogue box. Download available.

 

 

 

 

No Change to Report.

LAR Correction Report – 96

 

Provides details on all LAR - 96 transactions for the current day that are manually keyed and saved using the Loan Reporting and LAR Rejects dialogue boxes. Download available

 

 

 

 

 

No Change to Report.

MBS 3+ Purchase Advice Report

Provides a list of all MBS-pooled loans that were reclassified as Actual/Actual loans for the selected servicer number, remittance type, and reporting period.

 

 

 

 

No Change to Report.

Modifications Recap Report

Provides details of all loan modifications that have been automatically processed. Download available.

 

 

 

 

No Change to Report.

P&I MBS Reimbursement Report

This report details deposits being made to reimburse the servicer for foreclosure removals. If there has been no activity, the system will display that message.

 

 

 

 

No Change to Report.

PFP Book Download & Report

Provides a list of all PFP loans, including PFP loans reclassified as Actual/Actual during the specified reporting period. Download available.

 

 

 

 

No Change to Download & Report.

PFP New Issues Download & Report

Provides a list of all loans newly PFP during the specified reporting period. Download available.

 

 

 

 

No Change to Download & Report.

PFP Reclass Download & Report

Provides a list of all PFP loans reclassified as Actual/Actual during the specified reporting period. Download available.

 

 

 

 

No Change to Download & Report.

Portfolio Summary Report

Provides summary trial balance information based on your servicer number(s) and remittance type. This report includes the total loan, total unpaid principal balance, and total fixed installment for all loans in a portfolio. The report also provides a hyperlink to the Portfolio Summary Detail Report, which provides balances by remittance type, loan count, mortgage payment, actual unpaid balance (UPB), scheduled UPB, and UPB acquired.

 

 

 

 

No Change to Report.

Remittance Corrections Report

Lists all Actual/Actual, Scheduled/Actual, and Scheduled/Scheduled MRS loans that reflect a remittance correction for the current processing cycle. Many of these corrections are due to loan modifications.

 

 

 

 

No Change to Report.

Remittance Detail Report

This report allows servicers to view remittance-credited information for their loan portfolio. Available at the end of the monthly production cycle & 3 months prior.

 

 

 

 

No Change to Report.

For More Information
Please contact Master Servicing at 1-800-2-FANNIE (Option 1, Option 6) if you have any questions about these changes.

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