source:
  type: guide
  id: fnma-svc-e-3.2-06
  authority: Fannie Mae Servicing Guide E-3.2-06 — Conducting Borrower Outreach During
    Foreclosure
  description: Fannie Mae Servicing Guide E-3.2-06 — Conducting Borrower Outreach
    During Foreclosure.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-3.2-06-full
  canonical_id: fnma-svc-e-3.2-06-full
  section: Fannie Mae Servicing Guide E-3.2-06 — Conducting Borrower Outreach During
    Foreclosure
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-3.2-06 — Conducting Borrower Outreach
      During Foreclosure
    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-3.2-06, Conducting Borrower Outreach During Foreclosure (12/16/2015)
      When a conventional mortgage loan exceeds the 210th day of delinquency, the
      servicer is authorized to continue outreach eﬀorts and to work with the borrower
      to develop and ﬁnalize a workout option. The following table provides the time
      frame within which the servicer must conclude outreach eﬀorts. If the secured
      property is located in a… Then the servicer’s solicitation eﬀorts must conclude…
      judicial state 60 days prior to foreclosure sale. non-judicial state 30 days
      prior to foreclosure sale. The servicer must continue to pursue workout options
      during the foreclosure process in accordance with Chapter D2-2, Requirements
      for Contacting a Borrower and Chapter D2-3, Fannie Mae’s Home Retention and
      Liquidation Workout Options. The following table provides additional requirements
      for workout eﬀorts during foreclosure. Published May 13, 2026 448 ✓ The servicer
      must... Keep the law ﬁrm advised about the status of relevant workout negotiations.
      Consult with the law ﬁrm before entering into a written workout agreement with
      the borrower to ensure the foreclosure proceeding will not be impaired in the
      event it has to be resumed. Notify the law ﬁrm within two business days after
      either • a workout arrangement has been agreed to, or • the mortgage loan is
      fully reinstated. See E-3.4-01, Suspending Foreclosure Proceedings for Workout
      Negotiations for speciﬁc instructions related to servicer-initiated temporary
      suspension of foreclosure. Recent Related Announcements There are no recently
      issued Announcements related to this topic.
  judgment: false
