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Lender Letters

Lender Letters are formal notices to applicable lenders or servicers that provide Multifamily business information, or guidance related to documents, system updates, and processes. Lender Letters do not communicate changes to the Multifamily Selling and Servicing Guide.

Visit DUS Navigate to access communications pertaining to the Multifamily Selling and Servicing Guide and related business forms.

Doc ID Date
Highlights

Fannie Mae is announcing updates to the Loan Documents which may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after December 27, 2023.

Fannie Mae is announcing updates to the Loan Documents which may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after May 25, 2023.

Fannie Mae is announcing new Loan Documents for transactions in Puerto Rico, a new Loan Document for waiver of sovereign immunity, and a revised Interest Rate Cap Reserve and Security Agreement. The Loan Documents may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after February 6, 2023.

Fannie Mae is announcing updates to the Loan Documents which may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after January 17, 2023.

Effective for all Mortgage Loans with a Commitment Date on or after September 1, 2022, Fannie Mae is updating its Loan Document modification process to increase delegation for Tier 3 transactions that require only Fannie Mae business and credit approval and to clarify requirements for existing delegations.

Fannie Mae is announcing updates to the DUS Gateway® Borrower and/or Correspondent soft matching capabilities for all deals submitted with a broker and/or correspondent which will be available to you September 2022.

Fannie Mae is announcing updates to the Loan Documents for Manufactured Housing Communities which may be used immediately and must beused for all Mortgage Loans with a confirmed Commitment Date on or after May 23, 2022.

Fannie Mae is announcing the publication of a form Bulk Delivery Agreement which may be used immediately and must be used for all new Bulk Deliveries being documented by Lender without the assistance of Fannie Mae counsel.

Fannie Mae is announcing updates to the Loan Documents for Delaware Statutory Trust Borrowers which may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after January 3, 2022.

Fannie Mae is announcing updates to the Loan Documents which may be used immediately and must be used for all Mortgage Loans with a confirmed Commitment Date on or after August 2, 2021.