Servicing Guide

Published November 10, 2020

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Does Fannie Mae reimburse out-of-pocket expenses related to a mortgage loan modification?

The servicer must pay any necessary and actual out-of-pocket expenses in accordance with the Servicing Guide associated with the execution of a mortgage loan modification.  

The servicer must pay any out-of-pocket expenses, including, but not limited to, the following: 

  • required notary fees,
  • recording cost,
  • title costs,
  • property valuation fees,
  • credit report fees, or
  • other allowable and documented expense.

Fannie Mae will reimburse the servicer for allowable out-of-pocket expenses in accordance with this Procedure. 

For more information please see Servicing Guide F-1-05, Expense Reimbursement.

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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

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

Visit Selling and Servicing Guide Communications and Forms

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