Servicing Guide

Published September 9, 2020

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In what instances will Fannie Mae initiate eviction proceedings?

Fannie Mae will initiate eviction proceedings, and select and monitor the eviction attorney in connection with any property for which Fannie Mae has the property disposition responsibility.

Properties for which Fannie Mae has this responsibility include:

  • conventional mortgage loans that Fannie Mae held in its portfolio;

  • government mortgage loans that Fannie Mae held in its portfolio and that cannot be conveyed to the insurer or guarantor; and

  • government or conventional mortgage loans that were part of an MBS pool, including any that had a shared-risk special servicing option under which Fannie Mae would be responsible for property disposition efforts.

For more information please see: E-4.3-04: Handling Eviction Proceedings

 

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