Selling Guide

Published June 3, 2020

The Selling Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the sections below. You may also download the entire Selling Guide in PDF format.

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Are loans in forbearance eligible for the concurrent sale of servicing through the SMP?

Note: This FAQ comes from the published COVID-19, FAQs on Forbearance

Are loans in forbearance eligible for the concurrent sale of servicing through the Servicing Marketplace (SMP)?

Yes, but forbearance eligibility will vary by servicer. Some servicers may not purchase servicing for loans in forbearance. Lenders should confirm with their SMP servicers whether they are accepting servicing on loans in forbearance and review their servicer rate sheets for any adjustments or exclusions for SFC 919.

For more information, refer to the published Lender Letter LL-2020-06, Selling Loans in Forbearance Due to COVID-19.

 

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