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Fannie Mae Announcement 09-27
Thursday, 06 August 2009
Fannie Mae has released Announcement 09-27 titled, "Miscellaneous Servicing Policy Changes ".

Introduction

This Announcement contains several updates to various servicing policies, as itemized below:

  • Update to Reporting Requirements for the HomeSaver Forbearance™
  • Transmission of Fannie Mae Loan Number to Approved Title Companies 
  • Interest Calculation on Payments-in-Full on FHA Mortgage Loans 
  • Update to Home Equity Conversion Mortgage Process for Incomplete Repairs  

To view the Announcement in its entirety, please click here

About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.