Transcription of Defined Expense Reimbursement Limits
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Defined Expense Reimbursement Limits
2014 Fannie Mae. Trademarks of Fannie Mae. Page 1 of 19 11/12/14 This document is incorporated by reference into the Fannie Mae Servicing Guide. HomeTracker is a trademark of HomeTelos . All rights reserved. Property Maintenance and Management: Property Preservation Matrix and Reference Guide Effective Date: I. Property Preservation IntroductionAs directed in the Servicing Guide throughout the default process, the servicer is responsible for performing all property maintenance functions to ensure that the condition and appearance of the property are maintained satisfactorily. The Property Preservation Matrix and Reference Guide is intended for use when preserving vacant properties for mortgage loans that are in default.
Defined Expense Reimbursement Limits Technology Fees $25/mortgage loan for life of the default Electronic Invoicing $10/life of mortgage loan; $5 for submission of electronic invoice relating to a foreclosure and an
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