Servicing Guide

Published September 9, 2020

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What are the requirements for canceling property insurance coverage for RD property loans?

For modified special servicing option or regular servicing option RD mortgage loans, the servicer's decision about canceling the property insurance policy or Fannie Mae's mortgagee interest in it must be made in accordance with RD requirements. For special servicing option RD mortgage loans, the servicer must adhere to the policy for conventional mortgage loans in For Conventional Mortgage Loans earlier in this topic.

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

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

Guide Resources

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Visit Selling and Servicing Guide Communications and Forms

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