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