Fannie Mae Issues Foreclosures Guidelines

Fannie Mae has issued new standards for mortgage servicers regarding the management of delinquent loans, default prevention and foreclosure time frames under the Federal Housing Finance Agency's servicing alignment initiative announced in April.

  • 07 Jun 2011
Fannie Mae has issued new standards for mortgage servicers regarding the management of delinquent loans, default prevention and foreclosure time frames under the Federal Housing Finance Agency's servicing alignment initiative announced in April. The new standards require servicers to take “a more consistent approach” for homeowner communications, loan ...

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1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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5 Credit Suisse 16,754.47 44 5.28%