The servicer must request Fannie Mae’s approval for any workout option it determines is appropriate for a new transferee owner in accordance with D1-4.1-02, Allowable Exemptions Due to the Type of Transfer.
The servicer must comply with the requirements shown in the following table.
Submit the case into Fannie Mae’s servicing solutions system under the recommended workout option.
Indicate in the case comments section that the case is associated with a transfer of ownership or an assumption.
Fannie Mae will determine the terms of the workout and any related assumption.
For more information please see Servicing Guide F-1-25: Requesting Fannie Mae’s Approval via Fannie Mae’s Servicing Solutions System