source:
  type: guide
  id: fnma-svc-f-2-03
  authority: Fannie Mae Servicing Guide F-2-03 — Compensatory Fee Calculation Examples
  description: Fannie Mae Servicing Guide F-2-03 — Compensatory Fee Calculation Examples.
  coverage_tier: operative
obligations:
- id: fnma-svc-f-2-03-full
  canonical_id: fnma-svc-f-2-03-full
  section: Fannie Mae Servicing Guide F-2-03 — Compensatory Fee Calculation Examples
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide F-2-03 — Compensatory Fee Calculation Examples
    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-2-03, Compensatory Fee Calculation Examples (07/09/2025) Introduction
      This exhibit contains compensatory fee calculation examples. Compensatory Fee
      Calculation Examples Compensatory Fee Calculation Examples The following examples
      illustrate how compensatory fees will be calculated using the following formula:
      UPB x (Daily PTR/365) x Number of Days Delayed. Example #1: Mortgage Loan-Level
      Compensatory Fee Analysis Resulting in a Compensatory Fee: In this mortgage
      loan-level example, the servicer exceeded Fannie Mae''s allowable foreclosure
      time frame and would be billed a compensatory fee in the amount of $3,461.64.
      Property Located in Florida UPB $100,000 PTR 4.75% LPI 02/01/2023 Property Located
      in Florida Foreclosure Sale Date 10/14/2025 Servicer''s Overall State Foreclosure
      Time Frame 986 days Published May 13, 2026 701 Property Located in Florida Fannie
      Mae''s Overall Allowable Foreclosure Time Frame for Florida 720 days Allowable
      Delays Reported 0 days Number of Days Over Allowable Foreclosure Time Frame
      266 days Compensatory Fee ($100,000)(.0475/365)*(266) = $3,461.64 Example #2:
      Mortgage Loan-Level Compensatory Fee Analysis Not Resulting in a Compensatory
      Fee: In this mortgage loan-level example, the servicer performed under Fannie
      Mae''s allowable foreclosure time frame by 143 days, so a compensatory fee would
      not be assessed against the servicer for this mortgage loan. Property Located
      in Colorado UPB $200,000 PTR 5.25% LPI 10/01/2024 Foreclosure Sale Date 12/02/2025
      Servicer''s Overall State Foreclosure Time Frame 427 days Fannie Mae''s Overall
      Allowable Foreclosure Time Frame for Colorado 540 days Allowable Delays Reported
      30 days Number of Days Under Allowable Foreclosure Time Frame – 143 days Compensatory
      Fee Not Applicable Published May 13, 2026 702 Recent Related Announcements The
      table below provides references to recently issued Announcements that are related
      to this topic. Announcements Issue Date Announcement SVC-2025-04 July 09, 2025
      Announcement SVC-2019-01 February 13, 2019'
  judgment: false
