Effective Date: June 11, 2025 SVC-2025-03 brings some welcome updates, including increased allowables in key service areas. While many remain unchanged, this signals continued dialogue and progress in aligning servicing practices with evolving industry conditions. These include the services cited by #NAMFS and its members as undercompensated in our Industry Pricing Report, which is updated… The post Fannie Mae Servicing Guide Announcement SVC-2025-03 appeared first on National Association of Mortgage Field Services.

It is almost time for the Annual Conference. In this update, we provide details on the sessions for Monday, May 5, including moderators and panelists. We also touch base on special networking events – Men and Women, along with NAMFS Gives Back benefitting Lovepacs. Special thanks to VRM and NFR for sponsoring these events. There… The post NAMFS April News appeared first on National Association of Mortgage Field Services.

Rising costs for materials, labor, and compliance are putting pressure on debris removal/disposal services in the Mortgage Field Services industry. Our latest NAMFS whitepaper explores the financial challenges and outlines actionable solutions to ensure fair compensation and sustainable operations. Read the Whitepaper. Stay informed and advocate for sustainable pricing! Stay informed and advocate for change!… The post NAMFS Whitepaper: Modernizing Allowables for Debris Disposal in the Mortgage Field Service Industry appeared first on National Association of Mortgage Field Services.

As costs for labor, technology, and compliance rise, the need for fair compensation in Property Condition Reports and Bids is more critical than ever. Our latest NAMFS Whitepaper breaks down the factors driving pricing adjustments and provides key insights to help industry professionals justify and implement necessary increases. Read the Whitepaper. Stay informed and advocate… The post NAMFS Whitepaper: The Case for Increased Pricing in Property Condition Reports & Bids appeared first on National Association of Mortgage Field Services.

As costs for labor, technology, and compliance rise, the need for fair compensation in Property Condition Reports and Bids is more critical than ever. Our latest NAMFS Whitepaper breaks down the factors driving pricing adjustments and provides key insights to help industry professionals justify and implement necessary increases. Read the Whitepaper. Stay informed and advocate… The post NAMFS Whitepaper: The Case for Increased Pricing in Property Condition Reports & Bids appeared first on National Association of Mortgage Field Services.

Rising costs for materials, labor, and compliance are putting pressure on winterization services in the Mortgage Field Services industry. Our latest NAMFS whitepaper explores the financial challenges and outlines actionable solutions to ensure fair compensation and sustainable operations. Read the Whitepaper Stay informed and advocate for change! The post NAMFS Whitepaper: Addressing the Need for Increased Compensation for Winterization Services appeared first on National Association of Mortgage Field Services.

NAMFS is pleased to share that on November 14, HUD published their Mortgagee Letter, ML 2023-20. Included in this update are increases to expense reimbursables for vacant property inspections, as well as, Initial and Follow-Up Occupancy Inspections. These Inspection allowables align with Fannie Mae’s March 2023 and Freddie Mac’s August 2023 announcements. These alignments in pricing were a key component… The post NOVEMBER 2023 NAMFS INDUSTRY PRICING INITIATIVE UPDATE  appeared first on National Association of Mortgage Field Services.

NAMFS is pleased to share that on November 14, HUD published their Mortgagee Letter, ML 2023-20. Included in this update are increases to expense reimbursables for vacant property inspections, as well as, Initial and Follow-Up Occupancy Inspections. These Inspection allowables align with Fannie Mae’s March 2023 and Freddie Mac’s August 2023 announcements. These alignments in pricing were a key component of our Industry Pricing Initiative. NAMFS continues its efforts on Year 2 of the Industry Pricing Initiative with updated information for 2023, how that impacts Inspections, and detailed information on ten (10) specific services in Property Preservation. We identified the cost of these services in two (2) distinct ways, a blended cost estimator and a NAMFS Member Survey. In the first approach, NAMFS obtained cost information for each of these services by utilizing four (4) industry-accepted cost estimator tools in eight (8) MSAs across the nation. This information was then blended into a single cost for each service. The NAMFS Member Survey obtained information from the entire supply chain along with feedback related to time and material costs to obtain a single cost for each service. NAMFS presented this updated information to Industry Investors and Insurers in late August and early September. This information was also discussed at our 2023 NAMFS Leadership Summit. We continue to seek support for this initiative and if you would like to donate any amount to this effort please DONATE TODAY. If you have any questions/feedback please contact NAMFS via email at admin@namfs.org and include “NAMFS Industry Pricing Initiative” in the subject line. NAMFS appreciates your support. NAMFS Board of Directors Eric S. Miller – NAMFS Executive Director

At the 2023 NAMFS Leadership Summit elections were held for five positions on the NAMFS Board of Directors. The open positions were based on the Membership Types (National, Super Regional, Regional, Local, and Associate/Affiliate). Those elected for the September 2023 – September 2025 term are: National: Brent Goheen – NFR Super Regional: Chad Rulo – First Rate Field Services Regional: Coleman Meehan – East Coast Property Services, LLC Local: Theddy Jimenez – Luis Ferrer Inc Associate/Affiliate: Brandon Guzman – Home Guard Supply/Carrdan We would like to express our thanks to the following out-going Board Members for their service: Matt Connelly – Gryphon Group, Phillip Gallo – Allied Field Services, and Jonathan Dietz – GIS Field Service