Compliance News

Read current news from a range of industry related categories.

July 11, 2018

Fannie Mae LoanSphere Invoicing simplifies expense reimbursement

Effective September 1, LoanSphere Invoicing™ will include the "Referral Date" field in the Title Cost - Foreclosure expense line item. After the update, servicers must populate the field with the foreclosure referral date, which is required for the reimbursement of foreclosure title cost expenses. Additional information is available in the Servicer Expense Reimbursement Job Aid on the Servicer Expense Reimbursement page.

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