source:
  type: guide
  id: fnma-svc-f-3-06
  authority: 'Fannie Mae Servicing Guide F-3-06 — Acronyms and Glossary of Defined
    Terms: F'
  description: 'Fannie Mae Servicing Guide F-3-06 — Acronyms and Glossary of Defined
    Terms: F.'
  coverage_tier: operative
obligations:
- id: fnma-svc-f-3-06-full
  canonical_id: fnma-svc-f-3-06-full
  section: 'Fannie Mae Servicing Guide F-3-06 — Acronyms and Glossary of Defined Terms:
    F'
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: 'Fannie Mae Servicing Guide F-3-06 — Acronyms and Glossary of Defined
      Terms: F'
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: cf63a82bbb4adfba
    fetched_at: '2026-05-22T23:53:19Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: 'F-3-06, Acronyms and Glossary of Deﬁned Terms: F (06/08/2022)
      Fannie Mae losses Losses, damages, penalties, settlements, liabilities, judgments,
      claims, counterclaims, defenses, actions, costs, expenses, attorney fees, and
      other legal fees (also referred to as “losses incurred by Fannie Mae”). Fannie
      Mae Portfolio A seller/servicer’s Fannie Mae portfolio includes mortgage loans
      or participation interests in MBS pools, ﬁrst and second mortgage loans held
      in Fannie Mae’s portfolio, Fannie Mae’s participation interests in ﬁrst or second
      mortgage loans in participation pools held in its portfolio, and multifamily
      mortgage loans. Fannie Mae''s servicing solutions system Refers to Fannie Mae
      technology used to, for example, evaluate borrower-requested MI terminations,
      report delinquent mortgage loan status information, submit workout cases, obtain
      a property''s AVM estimated value and conﬁdence score for loan modiﬁcations
      and Mortgage Release™, and retrieve valuation results for short sales, Mortgage
      Release and/or Reserve Price Bid Instructions. Fannie Majors See multiple pool.
      FEMA Federal Emergency Management Agency FHA Federal Housing Administration
      FHFA Federal Housing Finance Agency FHLMC Federal Home Loan Mortgage Corporation
      ﬁnanced MIP An MIP for which the borrower is not required to make an advance
      payment from their own funds. Rather, the amount required to pay for a lump-sum
      premium is ﬁnanced by including it as part of the original mortgage loan amount.
      forbearance plan A retention workout option for borrowers with a temporary unresolved
      hardship that provides for a period of Published May 13, 2026 729 reduced or
      suspended payments. A forbearance plan may be followed by either a full reinstatement,
      mortgage loan payoﬀ, or workout option to enable the borrower to resolve the
      delinquency. foreclosure sale rescission The legal process of reversing a foreclosure
      sale and removing Fannie Mae as titleholder to the property. FRM ﬁxed-rate mortgage
      full payment amount For ARM loans, the monthly payment required, at each interest
      change date, to amortize the then outstanding principal balance at the new interest
      rate over the remaining mortgage term.'
  judgment: false
