source:
  type: guide
  id: fnma-svc-a2-3-02
  authority: Fannie Mae Servicing Guide A2-3-02 — Servicing Fees for Portfolio and
    MBS Mortgage Loans
  description: Fannie Mae Servicing Guide A2-3-02 — Servicing Fees for Portfolio and
    MBS Mortgage Loans.
  coverage_tier: operative
obligations:
- id: fnma-svc-a2-3-02-full
  canonical_id: fnma-svc-a2-3-02-full
  section: Fannie Mae Servicing Guide A2-3-02 — Servicing Fees for Portfolio and MBS
    Mortgage Loans
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide A2-3-02 — Servicing Fees for Portfolio and
      MBS Mortgage Loans
    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: 'A2-3-02, Servicing Fees for Portfolio and MBS Mortgage Loans
      (07/13/2022) The servicer’s total servicing fee for a mortgage loan generally
      is the diﬀerence between the mortgage interest rate and the rate at which the
      servicer passes through interest to Fannie Mae. However, the servicer of an
      MBS mortgage loan must pay Fannie Mae a guaranty fee (unless the mortgage loan
      reaches a certain level of delinquency), so its total servicing fee compensation
      is reduced by the amount of the guaranty fee. In addition, the total servicing
      compensation for a conventional mortgage that has lender-purchased MI is reduced
      by the accrual for the applicable renewal premium for this coverage. The total
      servicing fee (after deduction of the applicable guaranty fee for an MBS mortgage
      and/or the applicable renewal premium accrual for a mortgage with lender-purchased
      MI) must at least equal Fannie Mae’s required minimum servicing fee for the
      particular type of mortgage loan. See F-2-08, Servicing Fees for MBS Mortgage
      Loans and F-2-09, Servicing Fees for Portfolio Mortgage Loans for a list of
      the servicing fees by mortgage loan type. See also Remitting MBS Guaranty Fees
      and Charges in F-1-20, Remitting and Accounting to Fannie Mae for information
      on when Fannie Mae will suspend drafting guaranty fees for a delinquent MBS
      mortgage loan. Servicing Fees During and After a Mortgage Loan Modiﬁcation Trial
      Period Plan: During a Trial Period Plan, the servicer continues to earn servicing
      fees to the extent that the borrower’s payments equal a contractual full payment.
      The servicer will receive servicing fees when the mortgage loan modiﬁcation
      becomes eﬀective. If the servicing Published May 13, 2026 88 fee that the servicer
      was receiving before the mortgage loan modiﬁcation was greater than one-quarter
      of one percent (0.25%), then the servicer must change the servicing fee to one-quarter
      of one percent (0.25%). For mortgage loans that have lender-paid MI, see B-8.1-02,
      Paying Conventional Mortgage Insurance Premiums for additional information.
      Servicing Fees After a Payment Deferral: The servicer will continue to receive
      the servicing fee it was receiving prior to completing the payment deferral
      after the payment deferral becomes eﬀective. Recent Related Announcements The
      table below provides references to recently issued Announcements that are related
      to this topic. Announcements Issue Date Announcement SVC-2022-05 July 13, 2022
      Announcement SVC-2020-04 September 9, 2020'
  judgment: false
