Fannie Mae Modification
Fannie Mae Modification Fixed Interest Rate
(As of January 1, 2012 through August 31, 2012)
(As of September 1, 2012)
Servicers must employ the appropriate rate based on the effective date of the Fannie Mae non-HAMP modification. These rates are only for conventional loans. The modification may be adjusted based on market conditions. For further details, see the Servicing Notice.
Fannie Mae Modification is designed to help those borrowers who are ineligible for the Home Affordable Modification Program (HAMP), or who defaulted on a HAMP modification or under certain circumstances, a non-HAMP modification, by changing the terms of their mortgage loans to make them more affordable.
For historic forms, including the Fannie Mae Hardship Affidavit (Form 194) and Fannie Mae Trial Period Plan Notice (Form 195) please visit our Forms page.