Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Special Servicing Option
Fannie Mae
Updated 10-31-2026
Special Servicing Option
A guaranty fee option for an MBS pool under which Fannie Mae assumes the entire risk of loss from a borrower default; a servicing option for RD-guaranteed mortgages under which Fannie Mae will bear all losses not recovered from the RD. (See recourse for the equivalent term for a whole loan delivery.)
Fannie Mae Glossary of Terms
Fannie Mae · p. 47
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