MPF Xtra: Impact of COVID-19 on Servicing
Effective Date: Immediately (unless otherwise noted)
Fannie Mae issued updates to the COVID-19 Servicing Lender Letters, communicating updates to temporary policies previously announced. The policies in Lender Letters LL-2023-03 are effective immediately and are effective until Fannie Mae provides further notice, unless otherwise stated.
- Removed property inspections and preservation policies as they have been superseded by recent updates in the Servicing Guide and Property Preservation Matrix and Reference Guide.
To gain a full understanding of these topics, Servicers should review the entire Fannie Mae Lender Letter plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.
- MPF Announcement 2023-16