source:
  type: guide
  id: fnma-svc-f-1-15
  authority: Fannie Mae Servicing Guide F-1-15 — Processing a Government Mortgage
    Loan Modification
  description: Fannie Mae Servicing Guide F-1-15 — Processing a Government Mortgage
    Loan Modification.
  coverage_tier: operative
obligations:
- id: fnma-svc-f-1-15-full
  canonical_id: fnma-svc-f-1-15-full
  section: Fannie Mae Servicing Guide F-1-15 — Processing a Government Mortgage Loan
    Modification
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide F-1-15 — Processing a Government Mortgage
      Loan Modification
    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-1-15, Processing a Government Mortgage Loan Modiﬁcation (07/08/2015)
      Introduction This Servicing Guide Procedure contains the following: Executing
      and Recording the Mortgage Loan Modiﬁcation Agreement Executing and Recording
      the Mortgage Loan Modiﬁcation Agreement The servicer must execute the mortgage
      loan modiﬁcation in accordance with D2-3.2-03, Government Mortgage Loan Modiﬁcations.
      The following table provides the servicer’s requirements for executing and,
      if applicable, recording the mortgage loan modiﬁcation agreement based upon
      the entity that is the mortgagee of record. Published May 13, 2026 617 If...
      Then the servicer... the servicer is the mortgagee of record is authorized to
      execute the applicable mortgage loan modiﬁcation agreement and, if applicable,
      submit it for recordation. The servicer must then take the following actions:
      • send a copy of the executed mortgage loan modiﬁcation agreement to the borrower
      and to the mortgage insurer or guarantor, • submit the original executed mortgage
      loan modiﬁcation agreement (and recorded, if applicable) to the appropriate
      custodian, and • place a copy in the mortgage loan servicing ﬁle. MERS is the
      mortgagee of record Fannie Mae is the mortgagee of record and has given the
      servicer a LPOA that allows it to execute this type of mortgage loan modiﬁcation
      on Fannie Mae’s behalf Fannie Mae is the mortgagee of record, but has not given
      the servicer a LPOA that allows it to execute this type of mortgage loan modiﬁcation
      on Fannie Mae’s behalf must send the original mortgage loan modiﬁcation agreement
      to Fannie Mae’s SF CPM division (see F-4-02, List of Contacts) for execution.
      The servicer must send the mortgage loan modiﬁcation agreement under cover of
      a transmittal letter that speciﬁes the following: • the type of action being
      requested, • whether the mortgage loan modiﬁcation agreement will need to be
      recorded in the public records after it is executed, and • an address to which
      the executed mortgage loan modiﬁcation agreement should be returned. Fannie
      Mae will execute the mortgage loan modiﬁcation agreement and return it to the
      servicer, regardless of whether the executed mortgage loan modiﬁcation agreement
      needs to be recorded. Note: If the mortgage loan modiﬁcation agreement needs
      to be recorded, the servicer must submit it for recordation. Recent Related
      Announcements There are no recently issued Announcements related to this topic.
      Published May 13, 2026 618'
  judgment: false
