Announcement SVC-2025-04 – Servicing Guide Update

Impact. Your servicing operations must remove all references to Republic Mortgage Insurance Company from loan files and systems while adding UGI as an approved MI Claims Portal participant. The guide also revised foreclosure timing requirements and compensatory fee structures, directly affecting your loss mitigation workflows and fee calculations.

Risk. BSA/AML compliance procedures face the highest scrutiny since the October 2025 review deadline has passed without clear guidance on what specific updates were required. Fannie Mae examiners will expect documented evidence that your AML processes align with the updated servicing guide standards, and gaps here typically trigger broader compliance reviews.

Recommended Action. Have your compliance team immediately audit current BSA/AML servicing procedures against the updated guide requirements and document any remediation steps taken since the October deadline. Operations should simultaneously verify that Republic Mortgage Insurance references have been purged from all active systems and that UGI portal access is properly configured.

Watch. Monitor for any Fannie Mae enforcement actions or additional guidance clarifying the BSA/AML servicing requirements, as the retroactive nature of these changes suggests ongoing regulatory focus in this area.