F-2-03, Compensatory Fee Calculation Examples (07/09/2025)

Introduction

This exhibit contains compensatory fee calculation examples.

Compensatory Fee Calculation Examples

Compensatory Fee Calculation Examples

The following examples illustrate how compensatory fees will be calculated using the following formula:

UPB x (Daily PTR/365) x Number of Days Delayed.

Example #1: Mortgage Loan-Level Compensatory Fee Analysis Resulting in a Compensatory Fee: In this mortgage loan-level example, the servicer exceeded Fannie Mae's allowable foreclosure time frame and would be billed a compensatory fee in the amount of $3,461.64.

Property Located in Florida
UPB	$100,000
PTR	4.75%
LPI	02/01/2023
Property Located in Florida
Foreclosure Sale Date	10/14/2025
Servicer's Overall State Foreclosure Time Frame	986 days
Fannie Mae's Overall Allowable Foreclosure Time Frame for Florida	720 days
Allowable Delays Reported	0 days
Number of Days Over Allowable Foreclosure Time Frame	266 days
Compensatory Fee	($100,000)(.0475/365)*(266) = $3,461.64

Example #2: Mortgage Loan-Level Compensatory Fee Analysis Not Resulting in a Compensatory Fee: In this mortgage loan-level example, the servicer performed under Fannie Mae's allowable foreclosure time frame by 143 days, so a compensatory fee would not be assessed against the servicer for this mortgage loan.

Property Located in Colorado
UPB	$200,000
PTR	5.25%
LPI	10/01/2024
Foreclosure Sale Date	12/02/2025
Servicer's Overall State Foreclosure Time Frame	427 days
Fannie Mae's Overall Allowable Foreclosure Time Frame for Colorado	540 days
Allowable Delays Reported	30 days
Number of Days Under Allowable Foreclosure Time Frame	– 143 days
Compensatory Fee	Not Applicable