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Property Preservation Matrix and Reference Guide - Fannie Mae

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The document is a comprehensive guide for property maintenance and management, specifically focusing on the preservation of vacant properties associated with mortgage loans in default. It outlines the responsibilities of servicers, including securing properties, conducting lawn maintenance, winterization procedures, and addressing health and safety issues. The guide emphasizes adherence to allowable costs for various tasks, submission protocols via HomeTracker for bids exceeding these costs, and timelines for completing required actions. Additionally, it details procedures for handling damaged properties, code violations, and compliance with local ordinances.

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