Servicing Guide

Published September 9, 2020

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What are the changes to the requirements for borrower-initiated requests for MI termination of conventional mortgage insurance based on Original Value of the property?

Beginning January 1, 2019, for borrower-initiated MI termination requests based on Original Value of the property, the servicer can use the Automated Valuation Model (AVM) value used by SMDU to determine the current value of the property for purposes of determining the mortgage loan’s eligibility for MI termination

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Customers Recommend Ask Poli

If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.

Guide Resources

For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more.

Visit Selling and Servicing Guide Communications and Forms

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