source:
  type: regulation
  id: fnma-svc-e-2
  authority: "FNMA Servicing Guide E-2 — Managing Bankruptcy Proceedings"
  description: 'Servicing Guide Chapter E-2 governs handling of borrower bankruptcy filings and immediate suspension of collection efforts.

    '
obligations:
- id: fnma-svc-e-2-suspend-collection-on-bankruptcy
  canonical_id: fnma-svc-e-2-suspend-collection-on-bankruptcy
  section: "FNMA Servicing Guide E-2.1-03 — Suspending Debt Collection Efforts"
  description: '[LENDER] must immediately suspend any and all debt collection efforts

    (including foreclosure proceedings) upon notification of a bankruptcy

    filing, unless legal counsel expressly advises it that certain

    collection efforts may be continued.

    '
  type: do
  audit_question: For every Fannie Mae mortgage loan where [LENDER] receives notification of a borrower bankruptcy filing, can [LENDER] evidence immediate suspension of all debt collection efforts (including foreclosure proceedings), unless legal counsel expressly advised that certain efforts may continue?
  workflow_phase: servicing
  owner_role: bankruptcy_specialist
  secondary_owner_role: compliance_officer
  cadence: per-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - bankruptcy
  - collection-suspension
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide E-2.1-03
    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: "The servicer must immediately suspend any and all debt collection eﬀorts (including foreclosure proceedings)"
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter E-2) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:13+00:00'
  promoted_from: fnma-svc-e-2-roundb-v1.yaml
  program_review: Does the program ensure all debt collection efforts (including foreclosure) are immediately suspended on notice of a bankruptcy filing, unless legal counsel expressly advises certain efforts may continue?
  file_review: For bankruptcy-notified loans, confirm from the notes that collection/foreclosure efforts were immediately suspended, absent express counsel advice to continue.
  judgment: false
- id: fnma-svc-e-2-report-bankruptcy-first-delinquency-status
  canonical_id: fnma-svc-e-2-report-bankruptcy-first-delinquency-status
  section: "FNMA Servicing Guide E-2.1-01 — General Servicing Requirements for Mortgage Loans Under Bankruptcy Protection"
  description: '[LENDER] must 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).

    '
  type: do
  audit_question: For every borrower bankruptcy filing learned by [LENDER] on a Fannie Mae mortgage loan, can [LENDER] evidence reporting of the bankruptcy initiation in the first delinquency status transmission to Fannie Mae after learning of the filing (even when the loan is current or <30 days delinquent)?
  workflow_phase: servicing
  owner_role: bankruptcy_specialist
  secondary_owner_role: default_servicing_analyst
  cadence: per-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - bankruptcy
  - delinquency-reporting
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide E-2.1-01
    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: "Report the initiation of bankruptcy proceedings in the ﬁrst delinquency status information it"
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter E-2) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:13+00:00'
  promoted_from: fnma-svc-e-2-roundb-v1.yaml
  program_review: Does the program ensure the bankruptcy initiation is reported in the first delinquency-status transmission to Fannie Mae after learning of the filing, even if the loan is current or <30 days delinquent?
  file_review: For learned bankruptcy filings, confirm the bankruptcy was reported in the first delinquency-status transmission after learning, including current/<30-day loans.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T00:25:13+00:00'
  candidate_path: C:\Users\earlc\broker-tools\obligations\_remediation\_round_b_drafts\fnma-svc-e-2-roundb-v1.yaml
  candidates_promoted: 2
  candidates_skipped_existing: 0
