Servicing Guide

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.

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What determines if property insurance coverage should be continued or cancelled for an acquired property?

The servicer's action regarding the continuation or cancellation of property insurance coverage following the foreclosure sale or acceptance of an executed Mortgage Release will depend upon

  • the type of mortgage loan that was liquidated, and

  • whether the property will be conveyed to the insurer or the guarantor.

Any inquiries regarding the cancellation of property insurance should be addressed to Fannie Mae’s SF CPM division (see F-4-03, List of Contacts).

For more information please see: E-4.4-01: Continuing or Canceling Property Insurance Coverage 

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