source:
  type: regulation
  id: fnma-svc-2026-03
  authority: Fannie Mae Servicing Guide Announcement SVC-2026-03
  status: in-force
  description: 'Fannie Mae SVC-2026-03: Investor Reporting Manual update (eliminates the reactivation process for paid-off loans reported in error), effective July 1, 2026 with the June 2026 reporting period; incorporates LL-2026-01 retention-workout and disaster-foreclosure policy (implement on/after May 1, 2026). Snapshot mirrors the official Fannie PDF.'
obligations:
- id: fnma-svc-2026-03-investor-reporting
  canonical_id: fnma-svc-2026-03-investor-reporting
  section: Fannie SVC-2026-03 — Investor Reporting Manual update, effective July 1, 2026
  description: Fannie Mae updated the Investor Reporting Manual to eliminate the process for requesting reactivation of paid-off loans after the applicable reporting period has ended due to a reporting error.
  type: do
  audit_question: Has [SVCR] updated its investor-reporting procedures to SVC-2026-03 (no paid-off-loan reactivation after the reporting period), effective July 1, 2026?
  workflow_phase: compliance
  owner_role: default_servicing_director
  secondary_owner_role: cco
  cadence: per-bulletin
  consequence: Missing a GSE bulletin change risks repurchase, servicing penalties, or non-compliance findings.
  tags:
  - fnma
  - svc-2026-03
  - investor-reporting
  - servicing
  - effective-2026-07-01
  - promoted
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide Announcement SVC-2026-03
    source_class: gse-bulletin
    source_url: https://singlefamily.fanniemae.com/news-events/announcement-svc-2026-03-servicing-guide-update
    snapshot_id: b3dc05d0e304d926
    fetched_at: '2026-06-08T00:00:00Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: To improve data accuracy and simplify month-end processing, we updated the Investor Reporting Manual to eliminate the process for requesting reactivation of paid-off loans after the applicable reporting period has ended due to a reporting error.
    drafter_attestation: Verbatim from Fannie SVC-2026-03 snapshot. Investor Reporting Manual update.
  program_review: Does the program reflect the SVC-2026-03 Investor Reporting Manual change effective July 1, 2026?
  file_review: On investor-reporting, confirm the paid-off-loan reactivation process change is applied.
  judgment: false
