Fannie Mae: Foreclosure Sales Are Temporarily Suspended in Certain Areas; Fannie Mae holiday closures; and More

Investor Update
December 20, 2017


Lender Letter LL-2017-11: Temporary Suspension of Foreclosure Sales in Puerto Rico and the U.S. Virgin Islands

In continued support of the victims of Hurricanes Irma and Maria, we are extending the suspension of all foreclosure sales for mortgages secured by properties in Puerto Rico and the U.S. Virgin Islands located in FEMA-declared disaster areas as a result of these storms, through Mar. 31, 2018. This change is effective immediately. Review Lender Letter LL-2017-11, Temporary Suspension of Foreclosure Sales in Puerto Rico and the U.S. Virgin Islands, for details.

Fannie Mae holiday closures

In observance of the year-end holidays, Fannie Mae will be closed on the following days:

Fannie Mae's business offices

  • Closed Monday, Dec. 25, Tuesday, Dec. 26, and Monday, Jan. 1, 2018

Technology Support Center

  • Closed 8 p.m. ET Sunday, Dec. 24; closed Monday, Dec. 25; reopen 8 a.m. ET Tuesday, Dec. 26
  • Closed 8 p.m. ET Sunday, Dec. 31; closed Monday, Jan. 1, 2018; reopen 8 a.m. ET Tuesday, Jan. 2, 2018

Capital Markets Pricing and Sales Desk

  • Closed at 2 p.m. ET on Friday, Dec. 22 and Friday, Dec. 29
  • Closed Monday, Dec. 25 and Monday, Jan. 1, 2018
     

Are you up to The Challenge?

Fannie Mae is excited to launch the Sustainable Communities Innovation Challenge (The Challenge) to attract ideas that will allow more people to gain access to affordable housing within sustainable communities -- those that provide residents with greater opportunities for employment, health and wellness, and education. We're seeking partners to help us address the nation's complex and persistent housing issues. Do you have an idea to advance thriving communities?

Learn more at: www.fanniemae.com/thechallenge.

Join us at these upcoming events:

  • Jan. 22-25 | MBA Independent Mortgage Bankers Conference | Amelia Island, FL
  • Feb. 6-7 | Texas MBA Southern Secondary Market Conference | Houston
  • Feb. 6-9 | MBA National Mortgage Servicing Conference & Expo | Grapevine, TX

View more events.

Recent Tweets

Well, this is interesting. Lenders say their customers strongly prefer digital/online customer service communications. Borrowers don't agree.
https://t.co/A9fFpJ5ZcJ

Dec. 19

Just released: Our Economic & Strategic Research Group's latest Economic & Housing Outlook. Find out why our chief economist @D2_Duncan expects a cheerful close to 2017 economic growth:
http://bit.ly/2zkpbX2

Dec. 18

Source: Fannie Mae

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