We work closely with servicers to decrease reporting and remitting exceptions, research and resolve complex issues and identify requirements and best practices.
We use data reported by servicers to update financial statement, produce disclosures and pay MBS investors.
Check out the latest changes to Investor Reporting.
Call 1-800 -2FANNIE (option 1, option 6) or send us an email
Loan Activity Reports (LAR) are required from servicers based upon borrower loan payment activity in a given month. We use these reports to keep loan records current.
Applications
Principal and interest are due and collected from servicers based upon remittance requirements. We pass securitized loan funds to investors.
Applications
Master servicing processes loan data changes to maintain the loan data integrity and prevent payment processing exceptions/rejections.
Loan data changes could include scheduled payment/note rate changes, unscheduled payment recasts, and/or corrections of delivery errors. To learn more, go to Seller/Servicer-initiated post-purchase adjustments.
Applications
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Loan reclassifications occur when loans need to be removed from Pooled from Portfolio (PFP) pools, Mortgage Backed Security MBS SWAP pools, or Whole Loan Real Estate Mortgage Investment Conduits (REMICs), and transferred to our Cash Portfolio. Master Servicing ensures closed Delinquency Modifications received from Fannie Mae’s Servicing Solutions System (which includes SMDU and HSSN) on a daily basis are updated accurately and timely in the system of record. Reclassification may be required if the loan:
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