The Federal Housing Finance Agency (FHFA) today announced a 30-day extension to the comment period for the proposed update to the minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers.
FHFA released the proposed update to the minimum financial requirements in January to further strengthen the Enterprises’ Seller/Servicer requirements and provide transparency and consistency of capital and liquidity required for Seller/Servicers with different business models.
FHFA will receive input on these requirements through April 30th at ServicerEligibility@fhfa.gov.