Servicing Guide

Published September 9, 2020

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What are Fannie Mae's expectations for ongoing services during property preservation services?

After initial securing and services are performed, the servicer must complete ongoing services year-round, as needed, until the loan has been liquidated or delinquency resolved. Ongoing services typically occur between ten (10) and twenty (20) calendar days apart. The servicer should refer to their inspection reports and any available historical/forecasting information (weather, etc.) to assist in determining the proper frequency and the necessary maintenance/safety hazards/damages to address. The servicer may consider increasing inspections in seasons when less maintenance is necessary to ensure the property remains secure and services are not required. The servicer must refer to Section 5: Initial Securing and Initial Services within this Property Preservation Guide for further guidance on each service.

For additional information please see: Property Preservation Matrix and Reference Guide, Section 6, Ongoing Services.

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If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.

Guide Resources

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