Fannie Mae (FNMA) News Today — Nov. 12, 2025: Servicing Guide Update, DU Credit-Score Shift, and 50‑Year Mortgage Debate
Updated: November 12, 2025 Fannie Mae headlines today include a fresh Servicing Guide update, confirmation that Desktop Underwriter® will drop its hard 620 score minimum next week, a new weekly read on refinance activity, and policy chatter in Washington about 50‑year and “portable” mortgages. Key takeaways What changed for servicers today (SVC‑2025‑06) Fannie Mae published Announcement SVC‑2025‑06, a same‑day Servicing Guide update that (1) adds a “Response to Motion to Determine Status” fee to the Allowable Bankruptcy Attorney Fees Exhibit (with a naming cleanup of another fee), and (2) clarifies that loans subject to recourse or indemnification must be voluntarily