Servicing Guide

Published July 15, 2020

For best results, pose your search like a question.

Guide Resources

For a comprehensive list of resources such as forms, announcements, lender letters, notices and more.

Visit Selling and Servicing Guide Communications and Forms

Customers Recommend Ask Poli

AskPoli

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

Launch Ask Poli  

Download PDF Guide

You can also download the printable 1,200+ page PDF, which include links.

Download Now

What are the requirements for a Texas Section 50(a)(6) loan to be eligible for a Fannie Mae Cap and Extend Modification for Disaster Relief?

A Texas Section 50(a)(6) loan is eligible for a Fannie Mae Cap and Extend Modification for Disaster Relief if  

  • the requirements described in Determining Eligibility for a Fannie Mae Cap and Extend Modification for Disaster Relief are satisfied, and

  • the mortgage loan is modified in accordance with applicable law.

If the servicer receives a notice from the borrower that a mortgage loan modification fails to comply with Texas Constitution Section 50(a)(6) requirements, the servicer must immediately, but no later than seven business days after receipt, take the actions listed in the following table.

The servicer must...
 

Inform Fannie Mae’s Legal department by submitting a Non-Routine Litigation Form (Form 20) and include the borrower notice in its submission.

 

Collaborate with Fannie Mae on the appropriate response, including any cure that may be necessary, within the 60-day time frame provided by requirements of Texas Constitution Section 50(a)(6).

For more information please see: D2-3.2-05: Fannie Mae Cap and Extend Modification for Disaster Relief.

Have You Tried Ask Poli?

Poli knows. Just ask.

Ask Poli features exclusive Q&As and
more—plus official Selling & Servicing
Guide
content.

Try Ask Poli

Related Articles

When should an escrow analysis be performed for a Fannie Mae Cap and Extend Modification for Disaster Relief?

The servicer must perform an escrow analysis prior to offering a Trial Period Plan. See Administering an Escrow Account with a Mortgage Loan Modification...

Read more

D2-3.2-05: Fannie Mae Cap and Extend Modification for Disaster Relief (09/18/2018)

This topic contains the following: See D1-3, Providing Assistance to a Borrower Impacted by a Disaster Event for the requirements for assisting a borrower...

Read more

AskPoli

Customers Recommend Ask Poli

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

Guide Resources

For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more.

Visit Selling and Servicing Guide Communications and Forms

X
Having Issues with Seeing this Page Correctly?

Use Firefox or Chrome   How to do a hard refresh in Internet Explorer
We recommend that you use the latest version of FireFox or Chrome.

Download Firefox
Download Chrome
  A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page.
    Hold the Ctrl key and press the F5 key.
     

Email Us
If you still have Technical Support questions, feel free to emailAsk_Poli@fanniemae.com.