source:
  type: guide
  id: fnma-svc-e-2.2-04
  authority: Fannie Mae Servicing Guide E-2.2-04 — Managing Chapter 13 Bankruptcies
  description: Fannie Mae Servicing Guide E-2.2-04 — Managing Chapter 13 Bankruptcies.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-2.2-04-full
  canonical_id: fnma-svc-e-2.2-04-full
  section: Fannie Mae Servicing Guide E-2.2-04 — Managing Chapter 13 Bankruptcies
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-2.2-04 — Managing Chapter 13 Bankruptcies
    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: 'E-2.2-04, Managing Chapter 13 Bankruptcies (11/12/2014) Introduction
      This topic contains the following: General Servicer Responsibilities Processing
      Pre-Petition and Post-Petition Payments Servicing the Mortgage Loan After Conﬁrmation
      of a Chapter 13 Plan General Servicer Responsibilities If the terms of the Chapter
      13 plan are unacceptable, and the borrower is not willing to amend the plan
      to adequately address the unacceptable provisions, the servicer must ensure
      that the law ﬁrm ﬁles an Objection to Conﬁrmation of the plan and/or a Motion
      to Dismiss the case, as appropriate. The timelines for completing a Chapter
      13 bankruptcy are described in the following table. If the mortgage loan...
      Then the time frame for completing a Chapter 13 bankruptcy is... was less than
      60 days delinquent when the borrower ﬁled bankruptcy ﬁve months and two weeks
      from the 60th day of delinquency, or from the date of referral to a law ﬁrm,
      whichever occurs ﬁrst. was greater than or equal to 60 days delinquent or in
      foreclosure when the borrower ﬁled bankruptcy ﬁve months and two weeks from
      the date of the bankruptcy ﬁling. Published May 13, 2026 429 If the mortgage
      loan... Then the time frame for completing a Chapter 13 bankruptcy is... becomes
      60 days delinquent pursuant to the plan, post-conﬁrmation two months and two
      weeks from the 60th day of delinquency. Case completion for a Chapter 13 bankruptcy
      proceeding is deﬁned as any of the following: the termination of the automatic
      stay, the case being dismissed or closed, when the trustee abandons all interest
      in the secured property, or when the Chapter 13 plan is conﬁrmed. Processing
      Pre-Petition and Post-Petition Payments The servicer must monitor and separately
      account for all pre-petition and post-petition payments. If the payments are
      sent to the trustee, the servicer must access the trustee’s website or contact
      the trustee’s oﬃce to verify the receipt of speciﬁc payments. The following
      table outlines the speciﬁc information the servicer must maintain related to
      any payments it receives during the conﬁrmation process. ✓ Details to be noted
      with the receipt of all payments pre-conﬁrmation Type of payment (pre-petition
      or post-petition). Amount received. Date received. Source of the payment. Allocation
      of the payment (principal, interest, late charges, etc.). Unless the court requires
      the payments to be applied under the terms of the repayment plan, the servicer
      should generally hold any pre-petition payments it receives as “unapplied” funds
      until an amount equal to the contractual monthly or biweekly payment due is
      available for application. During the conﬁrmation process, the servicer must
      satisfy Fannie Mae’s standard remittance requirements for the remittance type
      of the mortgage loan, advancing funds when required for scheduled interest and
      scheduled principal, if applicable. See E-2.1-11, Remitting P&I for MBS Mortgage
      Loans That Are Part of a Bankruptcy and Published May 13, 2026 430 C-3-01, Responsibilities
      Related to Remitting P&I Funds to Fannie Mae for additional information. In
      addition, the servicer must comply with all policies and procedures in Fannie
      Mae’s Investor Reporting Manual. Servicing the Mortgage Loan After Conﬁrmation
      of a Chapter 13 Plan Once a Chapter 13 bankruptcy plan has been conﬁrmed, the
      servicer must service the mortgage loan in accordance with the requirements
      listed in the following table. ✓ The servicer must… Continue to monitor the
      timely receipt of all payments for the pre-petition arrearages and any post-
      petition payments that come due. Satisfy Fannie Mae’s standard remittance requirements
      based on the applicable remittance type for the mortgage loan throughout the
      term of the reorganization plan. See E-2.1-11, Remitting P&I for MBS Mortgage
      Loans That Are Part of a Bankruptcy for requirements related to reclassiﬁcation
      or removal of MBS mortgage loans. See also C-3-01, Responsibilities Related
      to Remitting P&I Funds to Fannie Mae for additional information. Maintain several
      sets of records during the term of the reorganization plan: • one that reﬂects
      application of the payments under the terms of the reorganization plan, • one
      that reﬂects application of the payments under the original terms of the mortgage
      loan, and • one that reﬂects application of any scheduled interest that must
      be remitted to Fannie Mae if the mortgage loan has a scheduled/actual remittance
      type. Conﬁrm the plan payment status with the trustee in jurisdictions in which
      the post-petition monthly payments are made through the Chapter 13 trustee when
      the servicer believes that the borrower is 60 days delinquent in their payments.
      Refer the case to a law ﬁrm to seek relief from the automatic stay or a dismissal
      of the case in accordance with local bankruptcy rules and practices within two
      weeks of the borrower becoming 60 days delinquent on either contractual post-petition
      payments or pre-petition payments pursuant to the plan. Send any required breach
      letter immediately to the borrower and refer the mortgage loan to a law ﬁrm
      to initiate or resume foreclosure proceedings (as applicable) when the automatic
      stay is lifted or the case is dismissed. Additionally, the servicer must always
      consider the possibility of arranging a workout option. Recent Related Announcements
      There are no recently issued Announcements related to this topic. Published
      May 13, 2026 431 Section E-2.3, Servicing Special Circumstance Bankruptcies'
  judgment: false
