How should the servicer notify Fannie Mae of a property preservation matrix code violation for a property in REO?
If the servicer receives a code violation or otherwise determines a property is in disrepair and the property is in Fannie Mae's REO inventory, The...
What if the servicer has a question that they cannot find an answer to in the Property Preservation Matrix and Reference Guide?
Throughout this Property Preservation Guide, it is not possible to provide guidance or expectations on every possible situation a servicer may encounter....
What are the Property Preservation Matrix requirements for property maintenance?
The servicer is required to maintain the interior and the exterior of the property year round. Fannie Mae provides the servicer with allowable thresholds...