source:
  type: guide
  id: fnma-svc-e-3.4-02
  authority: Fannie Mae Servicing Guide E-3.4-02 — Canceling the Foreclosure Sale
    for a Completed Workout
  description: Fannie Mae Servicing Guide E-3.4-02 — Canceling the Foreclosure Sale
    for a Completed Workout.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-3.4-02-full
  canonical_id: fnma-svc-e-3.4-02-full
  section: Fannie Mae Servicing Guide E-3.4-02 — Canceling the Foreclosure Sale for
    a Completed Workout
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-3.4-02 — Canceling the Foreclosure Sale
      for a Completed Workout
    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-3.4-02, Canceling the Foreclosure Sale for a Completed Workout
      (04/10/2019) The servicer must cancel the foreclosure sale once the borrower
      has successfully completed a workout option. For a mortgage loan modiﬁcation,
      the sale must not be cancelled until the Trial Period Plan is successfully completed
      with all payments having been made, and the mortgage loan modiﬁcation agreement
      has been signed by the borrower(s). When the servicer oﬀers the borrower a Mortgage
      Release, the servicer must not suspend or cancel the foreclosure process until
      the servicer has accepted the executed deed from the borrower. The following
      table provides further clariﬁcation regarding servicer actions depending on
      when the executed Published May 13, 2026 478 deed is received. If the servicer...
      Then the servicer must... does not receive an executed deed with clear and marketable
      title as well as all required documents signed by the borrower at least 30 days
      prior to the foreclosure sale continue the foreclosure process. receives an
      executed deed more than 30 days prior to foreclosure sale but the borrowers
      did not provide all the required signed documents request the additional required
      documents. The foreclosure process must not be suspended or canceled unless
      all required executed documents are received and accepted prior to the foreclosure
      sale date. The servicer should escalate the decision to accept the documents
      to Fannie Mae if necessary. In applicable foreclosure actions where there is
      no foreclosure sale and title is transferred by court order, the servicer must
      use the estimated court order docket date, if known, in place of the foreclosure
      sale date. Recent Related Announcements The table below provides references
      to recently issued Announcements that are related to this topic. Announcements
      Issue Date Announcement SVC-2019-02 April 10, 2019 Section E-3.5, Servicer Responsibilities
      Following the Foreclosure Sale
  judgment: false
