source:
  type: guide
  id: fnma-svc-e-2.3-06
  authority: Fannie Mae Servicing Guide E-2.3-06 — Responding to Bankruptcies Identified
    After Foreclosure Sale
  description: Fannie Mae Servicing Guide E-2.3-06 — Responding to Bankruptcies Identified
    After Foreclosure Sale.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-2.3-06-full
  canonical_id: fnma-svc-e-2.3-06-full
  section: Fannie Mae Servicing Guide E-2.3-06 — Responding to Bankruptcies Identified
    After Foreclosure Sale
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-2.3-06 — Responding to Bankruptcies Identified
      After 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-2.3-06, Responding to Bankruptcies Identiﬁed After Foreclosure
      Sale (07/14/2021) When the servicer learns after the foreclosure sale date that
      a borrower has ﬁled for bankruptcy, regardless of the date of the bankruptcy
      ﬁling, the servicer must submit the Bankruptcy Notiﬁcation Template to Fannie
      Mae’s SF CPM division (see F-4-02, List of Contacts) within two business days.
      The following table describes when the servicer is responsible for selecting
      and monitoring the law ﬁrm to handle a bankruptcy proceeding identiﬁed after
      a foreclosure sale. If the bankruptcy is ﬁled… And... Then the servicer… after
      the foreclosure sale date • the ﬁling is after any applicable redemption expiration
      or conﬁrmation/ratiﬁcation completion, or • there was no redemption period or
      conﬁrmation/ratiﬁcation is not responsible for selecting and monitoring the
      law ﬁrm that will handle the post-foreclosure sale bankruptcy proceeding. the
      ﬁling is prior to redemption expiration or conﬁrmation/ratiﬁcation completion,
      as applicable is not responsible for selecting and monitoring the law ﬁrm that
      will handle the post-foreclosure sale bankruptcy proceeding unless notiﬁed to
      do so by Fannie Mae. Published May 13, 2026 437 on or before the foreclosure
      sale date the servicer has conﬁrmed the REOgram to Fannie Mae is responsible
      for selecting and monitoring the law ﬁrm that will handle the bankruptcy proceeding
      • if notiﬁed to do so by Fannie Mae, or • when Fannie Mae eliminates the REOgram
      as a result of the bankruptcy ﬁling. the servicer has not conﬁrmed the REOgram
      to Fannie Mae is responsible for selecting and monitoring the law ﬁrm that will
      handle the bankruptcy proceeding. Recent Related Announcements The table below
      provides references to recently issued Announcements that are related to this
      topic. Announcements Issue Date Announcement SVC-2021-04 July 14, 2021 Announcement
      SVC-2019-06 September 11, 2019
  judgment: false
