T3 FANNIE_MAE High Confidence Guidance

Announcement SVC-2026-04 – Servicing Guide Update

Operational efficiency improvements and administrative updates to Fannie Mae servicing requirements

LOW

Impact Level

Top: Operational (3)

Advisory Assessment

Impact. This update modernizes Fannie Mae's custodial account management through a new digital platform for Forms 1013 and 1014, while streamlining remote online notarization requirements by eliminating video recording retention. Your servicing operations will need to coordinate technology implementation with updated contact protocols for mortgage insurance communications and FHA claim filings.

Risk. The August 1 implementation deadline for the digital custodial account platform creates the highest execution risk, particularly where your technology and operations teams lack clear coordination on system integration. Sub-servicer relationships face compliance gaps if Data Access Authorization Agreements aren't executed before platform go-live.

Recommended Action. Convene your technology and servicing operations leads this week to map the digital platform implementation timeline and identify any system integration requirements. Simultaneously, have your compliance team inventory current sub-servicer arrangements to prepare the required Data Access Authorization Agreements ahead of the August deadline.

Watch. Monitor Fannie Mae communications for detailed technical specifications on the digital custodial account platform, which should arrive well before the August 1 deadline. Track any follow-up guidance on sub-servicer data access protocols as implementation approaches.

Classification

Regulatory Program: Fannie Mae Servicing
Doc Type: Guidance
Effective Date: 2026-05-06
Days to Action: 75
Comment Deadline: —
Published: 2026-05-13

Urgency Basis

Most material compliance obligation (Form 1013/1014 submission process) must be implemented by Aug. 1, 2026 (75 days from today)

Operational Context

Flags

Systems Change Required

Affected Functions

Compliance Operations Technology

Institution Applicability

All

Impact by Category

Compliance

Operational

Data Governance

Model Risk

Reporting & Disclosure

Capital & Liquidity

Consumer Protection

Third-Party Risk

Key Requirements

- Implement digital Custodial Bank Account Management application for Forms 1013 and 1014 by August 1, 2026 - Execute Data Access Authorization Agreement (Form 101) for sub-servicers accessing custodial account data - Update mortgage insurance communication contact information by August 1, 2026 - Maintain RON audit trail in electronic loan files while discontinuing video recording retention - Update FHA MI claim filing processes to use current Fannie Mae lockbox address

Scoring Rationale

This is primarily an administrative update to Fannie Mae servicing procedures with moderate operational impact due to the new digital platform implementation. The RON video recording removal reduces compliance burden, while the custodial account management system requires coordinated implementation across servicing operations. Most changes are process improvements rather than new substantive obligations.

Scored: 2026-05-18T19:01:19.888Z Model: claude-sonnet-4-20250514 Confidence: High Aggregate Score: 2.0

AI Analysis Disclosure — This record, including its scores, impact assessments, and Advisory Assessment (impact, risk, and recommended actions), was generated by an AI model and may contain errors or omissions. The Advisory Assessment is a starting point for analysis, not a substitute for professional judgment. Effective dates, applicability determinations, impact assessments, and any recommended actions should be independently verified against primary regulatory source documents and reviewed by qualified compliance or legal personnel before taking compliance action. This output does not constitute legal or compliance advice.