The servicer must file all primary MI claims for liquidated conventional first lien mortgage loans
insured under a master primary policy issued by any approved mortgage insurer except RMIC, and
for which Fannie Mae bears the risk of loss.
The MI claim must be filed so that the claims proceeds are sent directly to Fannie Mae.
The servicer also must file claims for mortgage loans for
conventional first lien mortgage loans insured by mortgage insurers not participating in the MI Direct® MI claims process, and
those mortgage loans that are not conventional first lien mortgage loans for which Fannie Mae bears the risk of loss.
For more information please see: E-4.5-01: Filing MI Claims for Conventional Mortgage Loans or for Other Mortgage Loans for which Fannie Mae Bears the Risk of Loss