The Servicing Guide is organized into parts that reflect how lenders generally categorize various
aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the
sections below. You may also download the entire Servicing Guide in PDF format.
When should the chimney cap allowable be used during property preservation?
When a chimney is present and missing a cap/spark arrestor, a maximum of one (1) cap/spark arrestor per chimney and a maximum of two (2) per property may be placed within the Chimney Cap Allowable. When there is more than one (1) flue per chimney, the servicer must utilize one (1) chimney cap to cover the entire chimney when possible.