Allowable Attorney Trustee Foreclosure Fees

Allowable Foreclosure Attorney Fees Exhibit
The following table contains the maximum attorneys fees that Fannie Mae allows for legal work related to
foreclosures for all Fannie Mae mortgage loans.
State
Non-Judicial Foreclosure
Judicial Foreclosure
Alabama
$1,3251
On Approval2
Alaska
$1,625
On Approval2
Arizona
$1,350
On Approval2
Arkansas
$1,475
On Approval2
California
$1,4253
On Approval2
Colorado
$1,650
On Approval2
Connecticut
N/A
$2,4504, 5
Delaware
N/A
$1,900
District of Columbia
N/A
$2,250
Florida
N/A
$2,800 12
Georgia
$1,325
On Approval2
Guam
$1,625
On Approval2
Hawaii
N/A
$3,7758
Idaho
$1,250
On Approval2
Illinois
N/A
$2,300
Indiana
N/A
$2,050
Iowa
$1,275
$1,850
Kansas
N/A
$1,800
Kentucky
N/A
$2,250
Louisiana
N/A
$1,900
Maine
N/A
$2,300
Maryland
$2,5006
On Approval2
Massachusetts
N/A
$2,5504
Michigan
$1,425
On Approval2
Minnesota
$1,4509
On Approval2
Mississippi
$1,3001
On Approval2
Missouri
$1,375
On Approval2
Montana
$1,250
On Approval2
Nebraska
$1,250
On Approval2
Nevada
$1,525
On Approval2
New Hampshire
$1,450
On Approval2
New Jersey
N/A
$2,97513
New Mexico
N/A
$2,050
New York
$1,22510
$2,9004, 10
North Carolina
$1,575
On Approval2
North Dakota
N/A
$1,800
2016 Fannie Mae. Trademarks of Fannie Mae.

Page 1 of 3
This document is incorporated by reference into the Fannie Mae Servicing Guide
2/10/16
State
Non-Judicial Foreclosure
Judicial Foreclosure
Ohio
N/A
$2,250
Oklahoma
N/A
$2,000
Oregon
$1,425
$2,600
Pennsylvania
N/A
$2,350
Puerto Rico
N/A
$2,0504, 11
Rhode Island
$1,725
On Approval2
South Carolina
N/A
$2,200
South Dakota
N/A
$1,800
Tennessee
$1,300
On Approval2
Texas
$1,325
On Approval2
Utah
$1,350
On Approval2
Vermont
N/A
$2,250
Virgin Islands
N/A
$1,800
Virginia
$1,350
On Approval2
Washington
$1,500
On Approval2
West Virginia
$1,2501,6
On Approval2
Wisconsin
N/A
$2,050
Wyoming
$1,250
On Approval2
Footnotes:
1This fee covers the combined attorney's and notary's fees.
2Because this is not the preferred method of foreclosure, the servicer must obtain approval of its use from Fannie Mae's
Regional Counsel prior to initiation by submitting the Non-Routine Litigation Form (Form 20). Fannie Mae will provide
procedural instructions and applicable fees at the time it grants approval.
3
This fee applies to completed foreclosures. If the mortgage loan is reinstated, the maximum fee is the amount
allowed under applicable law, not to exceed $725 for reinstatements after recording the Notice of Default but before
mailing the Notice of Sale, or $1,075 for reinstatements after mailing the Notice of Sale but before the Trustees
sale.
4An additional $200 will be permitted when the property is sold to a third party and the attorney must perform additional work
to complete the transfer of title to the successful bidder.
5
This fee applies to Strict Foreclosures. If the court orders a Foreclosure by Sale (or a Foreclosure by Market Sale on or
after January 1, 2015), the fee will be $2,700.
6This fee includes the attorney's fee, the notarys fee and the trustee's commission (or statutory fee).
7Fannie Mae will no longer reimburse the servicer or law firm for posting costs incurred after September 1, 2015 in
connection with Texas foreclosures (i.e., services the attorney or its vendor performs to post and record legally required
foreclosure sale documents). In order to facilitate timely reimbursement of eligible posting costs incurred prior to this date,
the servicers claim must include supporting documentation reflecting the date of any posting services billed.
8
A fee of $4,775 will be permitted for judicial foreclosures in locations other than Honolulu County.
9This fee increases to $1,850 for any case in which the attorney provides services for proceedings subsequent that involve
registered land.
10In New York, the non-judicial foreclosure process is to be used only in connection with cooperative share loans. The fee
includes all steps in the foreclosure process, including the transfer of the stock and the lease for an occupied cooperative
unit. The allowable fee for judicial foreclosures in New York, where judgment is obtained as a result of an uncontested trial,
is established at $3,650. For judicial foreclosures in the City of New York and on Long Island (Nassau and Suffolk Counties),
the allowable fee is $3,500 (or $4,250 if judgment is obtained via uncontested trial).
11In addition to the allowable foreclosure fee, Fannie Mae will pay a notary fee up to the greater of $250 or one percent (1%)
of the bid amount on the mortgage being foreclosed.
12The allowable fee for foreclosures in Florida, where judgment is obtained as a result of an uncontested trial, is established
at $3,550.
Page 2 of 3
2/10/16
This fee applies to all foreclosure referrals regardless of referral date so long as the file is active on or after February 10,
2016. An active foreclosure matter is one that has not yet gone to foreclosure sale or been concluded by some other
event such as a Mortgage Release, short sale, mortgage loan modification, payoff, or reinstatement.
13
When a servicer requests reimbursement from Fannie Mae for a fee amount based on specified conditions contained in a
footnote above, the servicers reimbursement request must contain a description or sufficient supporting documentation to
allow Fannie Mae to properly evaluate the request.

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2/10/16

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Allowable Foreclosure Attorney Fees Exhibit

2016 Fannie Mae. Trademarks of Fannie Mae.

2016 Fannie Mae. Trademarks of Fannie Mae.

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