The servicer must not enter into any agreement with insurers or guarantors that has the potential to modify loss claim settlements under the terms of the guaranty or insurance contract in accordance with Selling Guide A3-2-01, Compliance with Laws. Prior to entering into an agreement that may potentially impact loss claim settlements under an insurance contract or guaranty, the servicer must submit a request for Fannie Mae's written approval to Fannie Mae's SF CPM Division (see F-4-03, List of Contacts).
|✓||The approval request must include...|
|One of the following in the subject line, as appropriate:
|All details of the proposed agreement, including the proposed effective date and complete terms of the agreement.|
|Contact information to communicate Fannie Mae’s decision.|
For more information please see F-1-06, Filing an MI Claim for a Liquidated Mortgage Loan or Acquired Property.