Fannie Mae Servicing Notice: Eliminating Servicer Responsibilities for Paying HOA, COA, and Co-op Corporation Fees on Acquired Properties

October 16, 2019

Fannie Mae announces that it is assuming responsibility - without regard to the foreclosure sale or Mortgage Release date - for the payment of HOA and condo association fees and assessments for all acquired properties, effective July 1, 2019; and for the payment of co-op corporation fees and assessments for all acquired properties, effective November 1, 2019.

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