Fannie Mae Servicing Guide F-2-07 — Reporting the Principal Amount for Mortgage Loans with Principal Forbearance

fnma-svc-f-2-07

Fannie Mae Servicing Guide F-2-07 — Reporting the Principal Amount for Mortgage Loans with Principal Forbearance.

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Fannie Mae Servicing Guide F-2-07 — Reporting the Principal Amount for Mortgage Loans with Principal Forbearance

Effective 2020-09-09 · publisher's stamp for this provision

F-2-07, Reporting the Principal Amount for Mortgage Loans with Principal Forbearance (09/09/2020) Introduction This exhibit contains reporting the principal amount for mortgage loans with principal forbearance. Reporting the Principal Amount for Mortgage Loans with Principal Forbearance Reporting the Principal Amount for Mortgage Loans with Principal Forbearance The chart below indicates how to report the principal amount for mortgage loans with principal forbearance on the LAR by remittance type. Reporting LAR Liquidations Reporting for Remittance Type Actual/Actual Reporting for Remittance Type Scheduled/Actual Reporting for Remittance Type Scheduled/Scheduled (Portfolio) (also called MRS or MBS-Acquired) Payoff (Action Code 60) Actual UPB = $0.00 Principal Amount = Prior Month Ending Actual UPB + Principal Forbearance Amount Actual UPB = $0.00 Principal Amount = Prior Month Ending Actual UPB + Principal Forbearance Amount Actual UPB = $0.00 Principal Amount = Prior Month Scheduled UPB + Principal Forbearance Amount Repurchase (Action Code 65) Actual UPB = $0.00 Principal Amount = (Prior Month Ending Actual UPB + Principal Forbearance Amount) x Purchase Price Actual UPB = $0.00 Principal Amount = (Prior Month Ending Actual UPB + Principal Forbearance Amount) x Purchase Price Actual UPB = $0.00 Principal Amount = (Prior Month Scheduled UPB + Principal Forbearance Amount) x Purchase Price Foreclosure (Action Codes 70, 71, 72) Actual UPB 1 = Actual UPB reported as of the end of the prior reporting month. Principal Amount = $0.00 Actual UPB 1= Actual UPB reported as of the end of the prior reporting month. Principal Amount = $0.00 Actual UPB 1= Actual UPB reported as of the end of the prior reporting month. Principal Amount = Prior Month Scheduled UPB + Principal Forbearance Amount Action Code Descriptions Action Code 60 - Borrower Payoff/Investor Payoff Action Code 65 - Repurchase Action Code 70 - Liquidation Held for Sale Action Code 71 - Liquidated Third-Party Sale/Condemnation/Short Sale/Assigned to FHA/VA Action Code 72 - Liquidated-Pending Conveyance Actual UPB reported as of the end of the prior reporting month, not including principal forbearance.

Source: Fannie Mae Servicing Guide F-2-07 — Reporting the Principal Amount for Mortgage Loans with Principal Forbearance · source URL · snapshot cf63a82bbb4adfba

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Source of record: https://claudeforcompliance.com/regs/fnma-svc-f-2-07/ · register fnma-svc-f-2-07 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.