Correspondent ALERT – Subservicer Update for FNMA/FHLMC Second Home & Investment Property Programs

Effective for loans purchased on or after April 1, 2024, the subservicer is changing for all FNMA/FHLMC 30 YR Fixed Second Home and FNMA/FHLMC 30 YR Fixed Investment loans to “Shellpoint Mortgage Servicing”.

 

The mortgagee clause and insurance loss payee for Shellpoint is:

Shellpoint Mortgage Servicing

ISAOA/ATIMA

P.O. Box 7050

Troy, MI 48007-7050

 

Important Notes

·         The Client’s Goodbye Letter and First Payment Letter must reflect the servicer information noted above.

·         Refer to the Arc Home Delegated Correspondent Client Reference Guide and Non-Delegated Correspondent Client Reference Guide for the applicable subservicer details, as determined by loan program.