As of Wednesday, ""Fannie Mae"":http://www.fanniemae.com/portal/index.html has blanket delegation of authority on behalf of all servicers from ""CMG Mortgage Insurance Company"":http://www.cmgmi.com/. Servicers can apply Fannie Mae's guidelines and process pre-foreclosure sales or deeds-in-lieu of foreclosure in connection with Fannie Mae-owned or â€"guaranteed loans without requiring separate mortgage insurer approval from CMG.
Servicers must still ensure that pre-foreclosure sales and deeds-in-lieu do not impair existing mortgage insurance coverage. A complete list of mortgage insurers that have issued blanket delegations of authority to Fannie Mae can be found at ""eFannieMae.com"":https://www.efanniemae.com/home/index.jsp.