source:
  type: guide
  id: fnma-svc-e-3.3-02
  authority: Fannie Mae Servicing Guide E-3.3-02 — Certifying the Status of Workout
    Negotiations Prior to Foreclosure Sale
  description: Fannie Mae Servicing Guide E-3.3-02 — Certifying the Status of Workout
    Negotiations Prior to Foreclosure Sale.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-3.3-02-full
  canonical_id: fnma-svc-e-3.3-02-full
  section: Fannie Mae Servicing Guide E-3.3-02 — Certifying the Status of Workout
    Negotiations Prior to Foreclosure Sale
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-3.3-02 — Certifying the Status of Workout
      Negotiations Prior to Foreclosure Sale
    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-3.3-02, Certifying the Status of Workout Negotiations Prior
      to Foreclosure Sale (11/12/2014) The servicer must complete an account review
      between 7 and 15 days prior to the scheduled foreclosure sale. The following
      table provides additional servicer guidelines related to the pre-sale certiﬁcation.
      If… Then the servicer must… the servicer determines that all delinquency management
      requirements have been achieved and there is no workout oﬀer either pending
      or accepted send written certiﬁcation to the law ﬁrm between 7 and 15 days prior
      to the foreclosure sale date indicating that the law ﬁrm must continue with
      the foreclosure sale. a complete BRP was received and an oﬀer for a retention
      option was extended to the borrower on or before the 7th day prior to the foreclosure
      sale, or an approved purchase oﬀer for a short sale is scheduled to close not
      issue a certiﬁcation to the law ﬁrm and must make every eﬀort to stop a scheduled
      foreclosure sale. Published May 13, 2026 460 If… Then the servicer must… local
      jurisdictional requirements are such that the 7- to 15-day time frame prior
      to foreclosure sales needs to be extended in order to comply with jurisdictional
      requirements allow additional time to complete the review and provide the certiﬁcation
      to the law ﬁrm sooner. The servicer must instruct the law ﬁrm to postpone the
      foreclosure sale if certiﬁcation cannot be provided prior to the foreclosure
      sale date. The servicer must work with the law ﬁrm to develop a process for
      receipt of the certiﬁcation to prevent unnecessary delays. Delays in the foreclosure
      proceeding timelines resulting from cancellation of the foreclosure sale or
      from the servicer’s failure to provide timely certiﬁcation to the law ﬁrm will
      subject the servicer to compensatory fees. See A1-4.2-02, Compensatory Fees
      for Delays in the Liquidation Process for additional information. Recent Related
      Announcements There are no recently issued Announcements related to this topic.
  judgment: false
