The servicer is authorized to accept a borrower's request for a partial reinstatement if the borrower would qualify for a workout option after application of the partial reinstatement funds. See D2-3, Fannie Mae’s Home Retention and Liquidation Workout Options for additional information on available workout options.
See also C-3-01, Responsibilities Related to Remitting P&I Funds to Fannie Mae for additional information. The servicer must follow the procedures in F-1-21, Remitting and Accounting to Fannie Mae.
For application of partial reinstatement funds from an HFA HHF reinstatement program, see D2-3.1-05, Interacting with Housing Finance Agencies and Hardest Hit Fund Programs.
For more information please see: E-3.2-08: Processing Reinstatements During Foreclosure