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E-2.1-02: Confirming Bankruptcy Information (11/12/2014)
E-2.1-02: Confirming Bankruptcy Information (11/12/2014)
- Kacey Olson (Unlicensed)
Owned by Kacey Olson (Unlicensed)
Nov 21, 2018
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© Fannie Mae Single Family Servicing Guide
Once the servicer determines that a borrower has filed bankruptcy, it must obtain confirmation and note in its bankruptcy tracking system all of the information shown in the following table.
| ✓ | Bankruptcy information the servicer must confirm and document in its file |
|---|---|
Borrower’s name. | |
Bankruptcy case number. | |
Date of filing. | |
Chapter under which the bankruptcy was filed. | |
Court that has jurisdiction over the case. | |
Name of the presiding bankruptcy judge. | |
Within two weeks of a borrower filing for bankruptcy, the servicer must check its records for the mortgage loan to determine whether a previous bankruptcy has been filed. See E-2.3-01, Identifying Abusive Filers (11/12/2014) for additional information.