Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Delinquency Advance
Fannie Mae
Updated 10-31-2026
Delinquency Advance
An amount advanced by a lender in respect of interest or principal on one or more mortgage loans, as required by their servicing contract, even though the lender has not collected the actual funds from the related borrowers. A lender may reimburse itself for delinquency advances from subsequent collections in accordance with its servicing contract.
Fannie Mae Glossary of Terms
Fannie Mae · p. 11
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