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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Upon confirmation of a Chapter 11 reorganization plan, what are the required actions once the automatic stay is terminated or the case is dismissed?

Once the automatic stay is terminated or the case is dismissed, the servicer must immediately complete all of the actions described in the following table.

The servicer must…
 

Send any required breach letter to the borrower.

 

Refer the mortgage loan to a law firm to initiate or resume foreclosure.

 

Consider the possibility of arranging a workout option.

For more information please see: E-2.2-02: Managing Chapter 11 Bankruptcies

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