source:
  type: guide
  id: fnma-svc-e-2.1-01
  authority: Fannie Mae Servicing Guide E-2.1-01 — General Servicing Requirements
    for Mortgage Loans Under Bankruptcy Protection
  description: Fannie Mae Servicing Guide E-2.1-01 — General Servicing Requirements
    for Mortgage Loans Under Bankruptcy Protection.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-2.1-01-full
  canonical_id: fnma-svc-e-2.1-01-full
  section: Fannie Mae Servicing Guide E-2.1-01 — General Servicing Requirements for
    Mortgage Loans Under Bankruptcy Protection
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-2.1-01 — General Servicing Requirements
      for Mortgage Loans Under Bankruptcy Protection
    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-2.1-01, General Servicing Requirements for Mortgage Loans Under
      Bankruptcy Protection (06/10/2020) The following table provides general servicing
      requirements for all mortgage loans subject to an active bankruptcy. Published
      May 13, 2026 413 ✓ When a borrower ﬁles for bankruptcy, the servicer must...
      Take all actions that are necessary to protect Fannie Mae’s interests. Report
      the initiation of bankruptcy proceedings in the ﬁrst delinquency status information
      it transmits to Fannie Mae after it learns that the borrower has ﬁled for bankruptcy
      (even if the mortgage loan payment is current or less than 30 days delinquent).
      See Delinquency Status Code Hierarchy and Deﬁnitions in F-1-21, Reporting a
      Delinquent Mortgage Loan via Fannie Mae’s Servicing Solutions System for a list
      of delinquency status codes. Ensure that appropriate follow-ups are scheduled
      and actions are taken in a timely manner to protect Fannie Mae’s interests.
      Be able to provide Fannie Mae with documented evidence it took all required
      actions to mitigate a speciﬁc bankruptcy in a timely and appropriate manner.
      Recent Related Announcements The table below provides references to recently
      issued Announcements that are related to this topic. Announcements Issue Date
      Announcement SVC-2020-02 June 10, 2020
  judgment: false
