Effective immediately, Fannie Mae has increased the cash incentives it will pay servicers for successfully completing workouts, such as repayment plans and making HomeSaver advances to help delinquent borrowers catch up on their payments.

The GSE has doubled the cash incentive for repayment plans to $400, provided that the mortgage is "brought current upon the successful completion of the repayment plan," the company's Aug. 11 servicing guide says.

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