source:
  type: guide
  id: fnma-svc-f-2-04
  authority: Fannie Mae Servicing Guide F-2-04 — Firm Minimum Requirements
  description: Fannie Mae Servicing Guide F-2-04 — Firm Minimum Requirements.
  coverage_tier: operative
obligations:
- id: fnma-svc-f-2-04-full
  canonical_id: fnma-svc-f-2-04-full
  section: Fannie Mae Servicing Guide F-2-04 — Firm Minimum Requirements
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide F-2-04 — Firm Minimum Requirements
    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-2-04, Firm Minimum Requirements (10/11/2023) Introduction
      This exhibit contains ﬁrm minimum requirements. Firm Minimum Requirements Firm
      Minimum Requirements The following table describes Fannie Mae’s minimum requirements
      for all law ﬁrms selected and retained for default-related legal services for
      all conventional or government single-family mortgage loans held in Fannie Mae’s
      portfolio and MBS pool mortgage loans guaranteed by Fannie Mae. Requirement
      Description 1. The law ﬁrm’s practice areas must include end-to-end default-related
      and REO-related legal services. A ﬁrm’s practice areas must include end-to-end
      default-related legal services (foreclosure, bankruptcy, loss mitigation (for
      example, deeds-in-lieu of foreclosure), and related litigation) and REO-related
      legal services (eviction, REO closing, and related litigation). A ﬁrm must •
      be familiar with industry standards in the jurisdiction in which it practices;
      • understand the jurisdiction’s legal processes and requirements in foreclosure,
      bankruptcy, eviction, REO closing, and related litigation; and • understand
      the substantive legal issues in the jurisdiction (for example, standing). Servicers
      must consider a ﬁrm’s experience in the following areas: • the Fannie Mae Servicing
      Guide; • dealing with loss mitigation; • foreclosure mediation; • the FDCPA;
      • title curative issues; and • general housing-related issues (for example,
      rent control; Section 8; lead paint liability; health code violations; foreclosure
      redemption, conﬁrmation and ratiﬁcation; HOAs; mobile home matters; and cooperative
      loans). Servicers must also give consideration to a ﬁrm’s membership in default-related
      and REO-related trade and industry groups, jurisdiction bar event participation,
      seminar and lecture participation and attendance, and any other activities relevant
      to mortgage default and REO law practice. Published May 13, 2026 703 Requirement
      Description 2. The law ﬁrm must have an appropriately staﬀed and equipped oﬃce.
      A ﬁrm must have an appropriately staﬀed and equipped oﬃce located in at least
      one of the jurisdictions in which the ﬁrm has been selected and retained for
      default-related legal services, or in at least one of the jurisdictions for
      which the servicer has submitted a Servicer Selection Form (Form 200) to Fannie
      Mae. An approximately staﬀed and equipped oﬃce means a physical oﬃce location
      (brick and mortar) from which law ﬁrm employees regularly work, that is not
      a place of abode, and that contains the usual and sundry equipment and facilities
      necessary to operate a law practice. A ﬁrm must be registered, licensed, and/or
      permitted, as necessary, with the appropriate jurisdictional authorities for
      all jurisdictions in which it practices. 3. The law ﬁrm must provide two jurisdiction-
      speciﬁc industry references. A ﬁrm must provide the servicer with at least two
      jurisdiction-speciﬁc servicer or default-related references, or, if the ﬁrm
      has been in existence less than one year, the partners or shareholders of the
      ﬁrm must provide at least two servicer or default-related references in connection
      with work performed in the particular jurisdiction. 4. The law ﬁrm must have
      the ability to handle default-related and REO-related legal matters throughout
      the jurisdiction. A ﬁrm must have the ability to handle foreclosures, bankruptcies,
      evictions, REO closings, and related litigation throughout the jurisdiction.
      If a ﬁrm has partnerships or relationships with third parties (for example,
      local counsel, trustee companies, or title companies) that will perform or complete
      some aspect of the default-related and REO-related work, the ﬁrm must • disclose
      such relationships and the extent to which third parties will be relied upon,
      and • have a reasonable contingency plan for the loss of any of those relationships
      or operational processes. In evaluating any such third-party relationship, the
      servicer must consider the length of time the relationship has existed and the
      adequacy of the ﬁrm’s written policies to mitigate third-party risk. If a ﬁrm
      uses local counsel to handle matters within the jurisdiction, the ﬁrm must have
      a process to select, manage, and review the local counsel and their work product.
      The process must be designed to ensure that local attorneys are qualiﬁed and
      adequately trained and have a satisfactory history with respect to bar complaints,
      sanctions, and similar matters. For a ﬁrm’s contested caseload (for example,
      contested foreclosures and litigated cases), the ﬁrm’s reliance on local counsel
      must be minimal. Any use of local counsel for these matters must be structured
      so that the retained ﬁrm will direct and manage the local counsel on those matters.
      5. The law ﬁrm must have completed a suﬃcient volume of default-related and
      REO-related legal services to demonstrate its experience. The ﬁrm or its managing
      attorney(s) must have completed a suﬃcient number of foreclosure, bankruptcy,
      loss mitigation, eviction, and REO matters within the past 24 months to demonstrate
      that the ﬁrm has experience in representing creditors in default-related and
      REO-related matters. For the 24-month period, the servicer must review the total
      number of matters referred, the total number of matters completed, and the number
      of matters currently pending for each of the following areas: foreclosure, bankruptcy
      (including proof of claim and motion for relief from stay), loss mitigation,
      eviction, and REO closing. What constitutes a suﬃcient number of completed default-related
      and REO- related legal services will vary depending upon the jurisdiction at
      issue, the volume the servicer expects to refer to the ﬁrm, and the relative
      size of the ﬁrm. Servicers must consider these factors when making this determination.
      Published May 13, 2026 704 Requirement Description 6. The law ﬁrm must have
      at least two full-time attorneys dedicated to default mortgage practice in each
      jurisdiction in which the law ﬁrm has been selected and retained for default-related
      legal services (Qualifying Attorneys), with special rules applicable to a small
      number of jurisdictions. A ﬁrm must have at least two Qualifying Attorneys in
      each jurisdiction in which the law ﬁrm has been selected and retained for default-related
      legal services, one with at least eight years and a second with at least ﬁve
      years of jurisdiction- speciﬁc experience in foreclosure (including, where applicable,
      conﬁrmation, redemption, and ratiﬁcation matters), bankruptcy, loss mitigation,
      eviction, REO closing and related litigation (collectively, "default mortgage
      practice"). Each Qualifying Attorney must be an owner, partner, or a full-time
      employee of the ﬁrm. The ﬁrm can meet the requirement that the Qualifying Attorneys
      are in each jurisdiction in one of the two ways outlined in the table below.
      If the ﬁrm... Then... does not have an appropriately staﬀed and equipped oﬃce
      on the jurisdiction the two Qualifying Attorneys must: • reside in the relevant
      jurisdiction, • be licensed and in good standing to practice law in the relevant
      jurisdiction, • practice law on a full-time basis, and • devote more than 50%
      of their working time to default mortgage practice in the relevant jurisdiction.
      has an appropriately staﬀed and equipped oﬃce in the jurisdiction one or both
      of the two Qualifying Attorneys may reside outside of the jurisdiction, provided
      the Qualifying Attorneys who are not resident in the relevant jurisdiction ordinarily
      work out of the ﬁrm''s oﬃce(s) in the relevant jurisdiction (except during situations
      involving national or regional emergencies such as natural disaster, health-related
      pandemics or epidemics, and other situations making it appropriate and reasonable
      for the ﬁrm to not require employees to work at the ﬁrm''s oﬃce(s)). The servicer
      must obtain a list of the names of the ﬁrm’s managing attorneys, partners and
      associates with the years of experience in each area (foreclosure, bankruptcy,
      eviction, REO closing, and related litigation). Special rules apply to Alaska,
      Idaho, Montana, New Hampshire, North Dakota, Rhode Island, South Dakota, West
      Virginia, Wyoming, the U.S. Territories of American Samoa, Guam, Puerto Rico,
      the U.S. Virgin Islands, and to the District of Columbia. In these jurisdictions,
      the two Qualifying Attorneys must: • be licensed and in good standing to practice
      law in the relevant jurisdiction; and • practice law on a full-time basis. While
      Fannie Mae expects that servicers will give preference to ﬁrms that employ at
      least two Qualifying Attorneys who reside in the relevant jurisdiction and devote
      more than 50% of their working time to default mortgage practice in the relevant
      jurisdiction, servicers may use a ﬁrm that does not meet these two standards
      if the ﬁrm otherwise meets the ﬁrm minimum requirements. When submitting the
      Servicer Selection Form (Form 200), the servicer must identify the Qualifying
      Attorneys for each relevant jurisdiction subject to the requirements in the
      following table. ✓ At a minimum, the servicer must... Identify where the attorneys
      reside by city or county. Identify the jurisdiction in which the attorneys are
      licensed and are in good standing to practice law. State whether the attorneys
      practice law on a full-time basis. Describe the employment relationship between
      the ﬁrm and the attorneys, such as whether the attorneys are owners, principals,
      members, shareholders, partners, associates, or other employees. Published May
      13, 2026 705 Requirement Description 7. The law ﬁrm’s attorneys must be licensed
      and in good standing in the jurisdiction in which the ﬁrm will be retained.
      A ﬁrm’s attorneys who will handle the work in the jurisdiction must be licensed
      to practice and be in good standing in the jurisdiction in which the ﬁrm will
      be retained. Legal work must be performed by attorneys licensed in the jurisdiction.
      8. The law ﬁrm’s non-attorney staﬀ must have reasonable experience. A ﬁrm’s
      non-attorney staﬀ must have reasonable experience. In determining what constitutes
      reasonable experience, the servicer must consider the average years of experience,
      education, qualiﬁcations, and demonstrated ability of the non-attorney staﬀ
      in relation to their respective levels of responsibility. 9. The law ﬁrm must
      have an appropriate attorney-to-staﬀ ratio to ensure appropriate staﬀ oversight.
      A ﬁrm must have an appropriate attorney-to-staﬀ ratio to ensure appropriate
      staﬀ oversight given the size of the ﬁrm and the ﬁrm’s operational structure.
      In determining what constitutes an appropriate attorney-to-staﬀ ratio, the servicer
      must consider whether the ﬁrm practices in a judicial or non-judicial foreclosure
      jurisdiction, the ﬁrm’s case management practices, the jurisdiction-speciﬁc
      process, the experience of the ﬁrm’s attorneys and staﬀ, the ﬁrm’s technology,
      and the ﬁrm’s infrastructure. 10. The law ﬁrm must have appropriate attorney-
      to-ﬁle and staﬀ-to-ﬁle ratios to ensure appropriate ﬁle oversight. A ﬁrm must
      have appropriate attorney-to-ﬁle and staﬀ-to-ﬁle ratios to ensure appropriate
      ﬁle oversight given the size of the ﬁrm and the ﬁrm’s operational structure.
      In determining what constitutes the appropriate ratios, a servicer must consider
      whether the ﬁrm practices in a judicial or non-judicial foreclosure jurisdiction,
      the ﬁrm’s case management practices, the jurisdiction-speciﬁc process, the experience
      of the ﬁrm’s attorneys and staﬀ, the ﬁrm’s technology, and the ﬁrm’s infrastructure.
      11. The law ﬁrm must have the ability to grow and contract based on market conditions.
      As of the date of the submission of the Servicer Selection Form (Form 200),
      the ﬁrm must have the ability to accept additional referrals. The ﬁrm must not
      be operating at full capacity given the existing facilities, personnel, and
      technology or, alternatively, the ﬁrm must outline to the servicer’s satisfaction
      the steps and time frame necessary to be in a position to handle additional
      referrals while still maintaining appropriate attorney-to-ﬁle and staﬀ-to-ﬁle
      ratios. A ﬁrm must also have contingency plans to deal with a contraction in
      the market. Published May 13, 2026 706 Requirement Description 12. The law ﬁrm
      must demonstrate high professional standards. A ﬁrm must demonstrate a history
      of legal practice that comports with applicable legal and ethical standards,
      reﬂecting high professional standards. The servicer must conclude that the ﬁrm
      does not, considering the totality of the circumstances, pose a legal or reputational
      risk or exhibit systematic issues that may lead to legal or reputational risk.
      A servicer must obtain the following information from the ﬁrm in order to evaluate
      the suﬃciency of the ﬁrm’s professional standards: • any sanctions against the
      ﬁrm or any of its present or former attorneys in the past 5 years, including
      the nature of the sanctions and, if they relate to a loan- level matter or systemic
      ﬁrm practice, any corrective actions taken by the ﬁrm; • any bar complaints/reprimands
      against present or former ﬁrm attorneys in the past 10 years and whether the
      complaints were closed, are pending, or resulted in some form of adverse action;
      • any government investigations involving the ﬁrm in the past 10 years and whether
      the investigations involved ﬁrm practices or were related to investigations
      of the ﬁrm’s client; • any damages or settlement of claims as result of an allegation
      of professional negligence against the ﬁrm or its attorneys in the past 5 years
      ⚬ in excess of $20,000 in any single occurrence or $50,000 in the aggregate,
      or ⚬ that reﬂect a possible pattern of professional negligence, regardless of
      amount; and • any signiﬁcant litigation asserting systemic issues with ﬁrm processes
      or legal work, such as any class action against the ﬁrm. If the servicer is
      aware of any of the above items that involve the ﬁrm’s professional standards
      but which were not disclosed by the ﬁrm, the servicer must disclose them to
      Fannie Mae in Form 200. The servicer must obtain disclosure from the ﬁrm regarding
      whether the ﬁrm (or any of its partners, shareholders, or employees while acting
      as a partner, shareholder, or principal at another ﬁrm) has previously been
      terminated by Fannie Mae or Freddie Mac or had referrals by Fannie Mae or Freddie
      Mac suspended. The servicer must obtain a certiﬁcation from the ﬁrm that, to
      the best of the ﬁrm’s knowledge, the ﬁrm’s documents have been and continue
      to be prepared, executed, and notarized in compliance with applicable law. If
      the ﬁrm reports that the ﬁrm, its attorneys, notaries, or third parties that
      the ﬁrm relies on to perform any aspect of default-related or REO-related services
      have previously prepared, executed, or notarized documents that have not been
      in compliance with applicable law, the servicer must conclude that the ﬁrm has
      instituted controls, procedures, and processes to address the contributing cause(s)
      of the ﬁrm’s failure to comply with applicable law in order to execute Form
      200. Fannie Mae expects servicers to exercise sound judgment and consider the
      totality of the circumstances in evaluating the potential legal and reputational
      risks posed by a ﬁrm. The items for consideration outlined above are not intended
      to be exhaustive or to disqualify a ﬁrm from retention if the servicer concludes
      that the ﬁrm is acceptable considering the totality of the circumstances. 13.
      The law ﬁrm must be able to track, monitor and complete matters within deﬁned
      timelines. The servicer must conﬁrm that the ﬁrm is able to track, monitor,
      and complete foreclosure and bankruptcy matters in compliance with applicable
      law and Fannie Mae timeline requirements, taking into consideration outside
      factors that impact compliance with Fannie Mae timelines such as new foreclosure
      requirements and court delays. The servicer must review the ﬁrm’s completion
      timelines. 14. The law ﬁrm must have the ability to report key data to Fannie
      Mae. A ﬁrm must have the capability to provide daily reporting to Fannie Mae,
      including via a web-based attorney reporting system, regarding key metrics (that
      is, volume, timelines, delays, loss mitigation successes, etc.). The ﬁrm must
      have staﬀ responsible for reporting. 15. The law ﬁrm must have the ability to
      report diversity data. A ﬁrm must have the capability to report diversity data
      to the servicer and Fannie Mae, if necessary, in accordance with the HERA. Pursuant
      to Selling Guide A3-2-01, Compliance with Laws, the servicer must provide Fannie
      Mae with data regarding the diversity status of the servicer, its agents, subcontractors,
      and vendors, including: appropriate certiﬁcations of minority-, women-, and
      disabled-owned status; reports, as requested, on the number of minorities, women,
      and individuals with disabilities utilized; and any other information Fannie
      Mae requests for purposes of complying with HERA or any other diversity and
      inclusion requirements. Published May 13, 2026 707 Requirement Description 16.
      The law ﬁrm must have adequate technology. A ﬁrm must have technology to provide
      reporting, communication, and tracking of key events and milestones. A ﬁrm must
      have access to PACER/ECF or other similar systems to obtain case and docket
      information from federal appellate, district, and bankruptcy court records.
      The ﬁrm must be able to provide status reports and track signiﬁcant dates and
      events for foreclosure, bankruptcy, evictions, and REO closings. The ﬁrm must
      have the capability to measure duration between various process stages, to identify
      process impediments (for example, holds), and to parse holds into diﬀerent categories.
      If a ﬁrm has partnerships or relationships with third parties (for example,
      local counsel, trustee companies, or title companies) that will perform or complete
      some aspect of the default-related or REO-related work or if the ﬁrm relies
      on other oﬃces to perform some aspect of the work or provide operational support,
      the ﬁrm must maintain a reliable and secure means of exchanging matter information
      between each oﬃce and any third party the ﬁrm relies upon. The servicer must
      require a ﬁrm to describe whether the ﬁrm currently uses a universal translation
      technology to communicate information between its technological system and the
      various servicers’ systems or explain its method for transmitting information
      eﬃciently, accurately, and securely to servicers. 17. The law ﬁrm must have
      adequate technical support. A ﬁrm must have in-house technical expertise or
      readily available vendor technical support. 18. The law ﬁrm must have an appropriate
      amount of errors and omissions insurance coverage. A ﬁrm must have an appropriate
      amount of errors and omissions insurance coverage. The amount of required insurance
      coverage depends upon the amount of foreclosure matters the ﬁrm is handling
      or expects to handle for Fannie Mae and Freddie Mac when it is being evaluated
      by the servicer. A ﬁrm retained to handle Fannie Mae matters must have or be
      able to obtain the following coverage prior to receiving referrals under the
      new requirements: • Tier I: volume of 0 to 4,499 foreclosure matters, coverage
      of not less than $1 million per occurrence with an aggregate of not less than
      $3 million; • Tier II: volume of 4,500 to 19,999 foreclosure matters, coverage
      of not less than $5 million per occurrence with an aggregate of not less than
      $5 million; and • Tier III: volume of 20,000 or more foreclosure matters, coverage
      of not less than $8 million per occurrence with an aggregate of not less than
      $8 million. The required level of insurance is determined by the higher of the
      Fannie Mae or Freddie Mac pending foreclosure volume. By way of example, if
      a law ﬁrm had 2,000 Fannie Mae foreclosure matters and 4,501 Freddie Mac foreclosure
      matters, the ﬁrm would fall within Tier II and the required coverage would be
      not less than $5 million per occurrence with an aggregate of not less than $5
      million. Beginning in 2014, servicers must conduct an updated coverage analysis
      annually, with the appropriate level of insurance to be determined by the number
      of matters being handled as of June 1 of each year. When an annual review reveals
      a need to increase a law ﬁrm’s coverage, law ﬁrms will have until December 31
      of each year to obtain any required increased coverage. Servicers may grant
      ﬁrms additional time to obtain increased coverage if necessary to reach the
      routine renewal date for the ﬁrm’s policy, but may not grant extensions beyond
      June 1 of the following year. 19. The law ﬁrm must have adequate ﬁnancial resources.
      A ﬁrm must have the ﬁnancial ability to make required advances in connection
      with ﬁling fees and costs necessary to process default-related and REO-related
      matters. The servicer must review the ﬁrm’s ﬁnancial statements or other ﬁnancial
      documents in order to conﬁrm that the ﬁrm has suﬃcient reserves or credit lines
      to manage operating expenses. 20. The law ﬁrm must have business continuity
      and/or disaster recovery plans in place. A ﬁrm must have business continuity
      and/or disaster recovery plans in place to recover critical business functions.
      A ﬁrm must have a documented succession/continuity plan in the event of loss
      of the ﬁrm owner/partners. 21. The law ﬁrm must have adequate QC, supervision
      of staﬀ, and review of documents. A ﬁrm must have written policies, procedures,
      and/or processes in place by the date of the submission of Form 200 to ensure
      the proper management and supervision of staﬀ and the proper preparation, review,
      execution, and notarization of default-related and REO-related documents. The
      ﬁrm must also have an escalation process for employees to raise document execution
      and other QC issues to ﬁrm management. The servicer must require the ﬁrm to
      provide information related to the ﬁrm’s process for ensuring compliance with
      its policies, procedures, processes, and training, such as an internal compliance
      program and/or QC reviews. Published May 13, 2026 708 Requirement Description
      22. The law ﬁrm must provide adequate employee training. A ﬁrm must have written
      policies for employee training, including privacy training. In determining whether
      a ﬁrm’s employee training is adequate, the servicer must consider the frequency
      of training, the presence of policies and procedures, and ﬁrm handbooks, manuals,
      or job aids. 23. The law ﬁrm must have adequate controls over information security,
      data management, and fraud prevention. A ﬁrm must maintain physical, technical,
      and procedural controls and eﬀective information security and data management
      to • ensure the security and conﬁdentiality of personally identiﬁable information
      (PII) and conﬁdential information, whether in paper, electronic or other form;
      • protect against any threats or hazards to the security or integrity of such
      information; and • protect against unauthorized access to or use of such information.
      The ﬁrm must implement controls meeting or exceeding industry standards, including,
      as applicable, standards promulgated by the ISO or NIST. A ﬁrm must ensure that
      PII that is stored on its systems and workstations is encrypted at rest at all
      times. A ﬁrm must have secured storage for promissory notes and other original
      documents to prevent theft and to ensure protection against ﬁre, ﬂood or other
      damage. A ﬁrm may not perform, outsource, or send to any aﬃliate outside of
      the United States or its territories, any legal work on GSE mortgage loans,
      including any storage of GSE data. A ﬁrm may not send any PII underlying GSE
      mortgage loans outside the United States. A ﬁrm must have written policies,
      procedures, and processes in place by the date of the submission of Form 200
      related to protection of PII and fraud prevention, including policies, procedures,
      and processes related to: background checks of all employees; protection of
      PII; fraud prevention and identiﬁcation; and incident response and notiﬁcation
      protocols for data breaches and other security incidents. The servicer must
      review and conﬁrm that the ﬁrm meets these requirements for information security,
      data management, protection of PII, and fraud prevention. 24. No substantial
      part of the law ﬁrm’s practice may include matters that are adverse to ﬁnancial
      institutions, including Fannie Mae or Freddie Mac. No substantial part of a
      ﬁrm’s practice may include matters that are adverse to ﬁnancial institutions,
      including Fannie Mae or Freddie Mac. Matters adverse to ﬁnancial institutions
      include HOA foreclosures, consumer debtor or mortgagor representations, and
      bankruptcy trustee representations. 25. The servicer must disclose to Fannie
      Mae any relationships between the servicer and the ﬁrm and any relationships
      between the ﬁrm and any outsourcing company utilized by the servicer. Attorneys
      handling Fannie Mae matters must not be aﬀected by a conﬂict of interest. A
      servicer must retain the most qualiﬁed attorneys to handle Fannie Mae matters
      without regard to arrangements that could provide a ﬁnancial or personal beneﬁt
      directly or indirectly to the servicer, its employees, or any outsourcing companies
      or other third-party vendors utilized by the servicer to assist in servicing
      defaulted mortgage loans. In Form 200, the servicer must disclose to Fannie
      Mae any current, past (within the last ﬁve years), or pending personal and/or
      ﬁnancial relationships between • the servicer and the law ﬁrm, including its
      partners and shareholders (as applicable) and • the law ﬁrm, including its partners
      and shareholders (as applicable); and any outsourcing company or other third-party
      vendor utilized by the servicer to assist in servicing defaulted mortgage loans.
      26. The law ﬁrm must disclose any interest in providers of related services.
      The servicer must require a ﬁrm to disclose the identity of, and any relationship
      with, any entities providing third-party support functions, including, but not
      limited to, title searches, title insurance, posting, publication, and service
      of process. The servicer must require the ﬁrm to disclose whether the ﬁrm has
      a process to select and regularly review costs and performance of vendors to
      ensure competitive pricing and high quality. 27. The law ﬁrm must adhere to
      Fannie Mae guidelines regarding outsourcing fees, referral fees, technology
      and electronic invoice fees, and vendor selection. For additional information
      on these requirements, see A4-2.2-03, Prohibition Against Servicer-Speciﬁed
      Vendors for Fannie Mae Referrals, Use of Vendors, and Outsourcing Companies.
      The servicer must follow the procedures in F-1-05, Expense Reimbursement to
      request reimbursement from Fannie Mae. Recent Related Announcements The table
      below provides references to recently issued Announcements that are related
      to this topic. Published May 13, 2026 709 Announcements Issue Date Announcement
      SVC-2023-05 October 11, 2023'
  judgment: false
