Servicing Guide

Published September 9, 2020

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How can the servicer determine whether additional legal services outside the maximum allowable foreclosure attorney fee are acceptable?

The servicer must pay counsel a reasonable fee for services rendered if additional legal services are required to protect Fannie Mae's interest and the legal services

  • are not within the scope of services contemplated by the maximum allowable foreclosure fee; and

  • are required due to a breach or alleged breach of selling warranties or representations or origination or selling activities or to the lender’s failure or alleged failure to satisfy its duties and responsibilities as a servicer. In these circumstances, Fannie Mae will not reimburse the servicer for the fees.

For more information please see: E-5-04, Allowable Foreclosure Fees

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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

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Visit Selling and Servicing Guide Communications and Forms

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