Form 1098 Year End Statement - General Information

Fairway generates and mails 1098 Mortgage Interest Statements to customers who paid dollar amounts toward Interest, Points Paid at Origination (purchase loans, not refinances) and/or Mortgage Insurance during 2021 (including originations preliminary interest, discount points and the interest portion of any monthly payment applied on FICS).

  • These are the Year End Statements for the time period customers’ loans were interim serviced at Fairway
  • Customers will also receive a 1098 Mortgage Interest Statement(s) for the period in 2021 when their loan was serviced by their new Servicer(s)


Internal Revenue Service (IRS) guidelines state a 1098 Mortgage Interest Statement is required when $600.00 or more is paid to interest.  

Fairway has elected to send a 1098 Mortgage Interest Statement to customers when interest plus points paid (if applicable) equals $1.00 or greater.  


IRS guidelines state the Year End Statements must be postmarked and mailed no later than January 31st each year.


Fairway will generate and mail approximately 220,000 year-end 1098 Mortgage Interest Statements for 2021 Year End.


1098 statements for interim servicing loans boarded to FICS then transferred to servicers other than ServiceMac (standard interim loan flow):

  • 1098 Statements for these customers began mailing on Friday, January 14, 2022
  • Images of these statements are viewable for customers on FairwayNEXT as of Tuesday, January 18, 2022
  • Images of these statements are viewable internally in Radstar in FICS as of Tuesday, January 18, 2022


1098 statements for interim servicing loans that originated as non-retained but were allocated and changed to retained servicing (ServiceMac) after closing – this is not the standard process for loans originated and closed as retained loans:

  • Statements for these customers began mailing on Friday, January 14, 2022
  • Images of these statements are viewable for customers on FairwayNEXT as of Tuesday, January 18, 2022
  • Images of these statements are viewable internally in Radstar in FICS as of Tuesday, January 18, 2022
    • This will be a very small population of loans
    • Customers in this loan population will only receive a 1098 Statement from Fairway interim servicing for any payment that was applied to the loan prior to the transfer to ServiceMac - it will not include upfront amounts
    • ServiceMac will provide a 1098 Statement reporting upfront items paid at loan origination including amounts for interest, mortgage insurance and/or points paid as applicable for 2021


1098 statements for interim servicing loans that boarded to Encompass only and did not board to FICS

  • 1098 Statements for these customers began mailing as of Wednesday, January 19, 2022
  • Images of these statements are viewable for customers on FairwayNEXT as of Tuesday, January 25, 2022

Sample 1098 Mortgage Interest Statement