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11 20 09 Servicing Notice: Forms Updates: Revisions to Forms 1013

11 20 09 Servicing Notice: Forms Updates: Revisions to Forms 1013-2025

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The document outlines revisions to Fannie Mae's Forms 1013, 1014, and 1072, as announced in Announcement 08-28. It details updates to the Letter of Authorization for P&I Custodial Account (Form 1013), Letter of Authorization for T&I Custodial Account (Form 1014), and the Authorization for Automatic Transfer of Funds (Form 1072). Key changes include the addition of a data field for reporting Excess Yield, effective dates, and new procedures for reporting multiple lender identification numbers. Lenders are encouraged to use the updated forms immediately and must do so by January 1, 2010.

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