D2-4-02, Reporting a Workout Option to Fannie Mae (12/16/2015)

The servicer must report certain mortgage loans that receive a workout option to Fannie Mae. The servicer must follow the procedures in  F-1-22, Reporting a Workout Option via Fannie Mae’s Servicing Solutions SystemF-1-22, Reporting a Workout Option via Fannie Mae’s Servicing Solutions System for the requirements for reporting the applicable workout option to Fannie Mae.

Additionally, the servicer must report receipt of Trial Period Plan payments to Fannie Mae in a timely manner particularly for MBS mortgage loans that are not subject to Fannie Mae’s automatic reclassification process as discussed in A1-3-06, Automatic Reclassification of MBS Mortgage LoansA1-3-06, Automatic Reclassification of MBS Mortgage Loans.