Fannie Mae Servicing Guide E-1.2-04 — Timing of the Foreclosure Referral for Government Mortgage Loans
Fannie Mae Servicing Guide E-1.2-04 — Timing of the Foreclosure Referral for Government Mortgage Loans.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide E-1.2-04 — Timing of the Foreclosure Referral for Government Mortgage Loans — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Servicing Guide E-1.2-04 — Timing of the Foreclosure Referral for Government Mortgage Loans
E-1.2-04, Timing of the Foreclosure Referral for Government Mortgage Loans (11/12/2014) If the borrower does not pursue FHA’s foreclosure prevention alternatives (or is not eligible for them), the servicer must refer the mortgage loan to a law firm to begin foreclosure proceedings in compliance with FHA’s guidelines if permitted by applicable law. The servicer of a VA-guaranteed mortgage loan must send all notices the VA requires to notify the borrower of their breach of the terms of the mortgage loan and refer the mortgage loan to a law firm to begin foreclosure proceedings in compliance with VA guidelines if permitted by applicable law. Recent Related Announcements There are no recently issued Announcements related to this topic. Section E-1.3, Handling Non-Routine Litigation