Fannie Mae is making technological updates and implementing policy and operational changes as part of an effort to improve servicing.

Central to the government-sponsored enterprise's so-called Simplifying Servicing initiative are updates it made to its loss mitigation tool, Servicing Management Default Underwriter, including a new user interface. These changes will become effective immediately, Fannie Mae said Tuesday.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry