SUPERSEDED — prior version (Servicing Guide edition published May 13, 2026) — Fannie Mae Servicing Guide B-2-04 — Individual Property Insurance Requirements for Units in Project Developments
SUPERSEDED — this is the PRIOR text of Fannie Mae Servicing Guide B-2-04 (Individual Property Insurance Requirements for Units in Project Developments), dated 12/21/2022, as published in the Servicing Guide edition of May 13, 2026. Fannie Mae changed this topic: the edition published August 12, 2026 carries a revised text. Retained because a loan or exam period governed by the earlier text needs the version in force at the time.
Superseded — retained for reference. The operative requirements have moved to the current rule (see the description above).
Verbatim regulatory text
Verbatim provisions from SUPERSEDED — prior version (Servicing Guide edition published May 13, 2026) — Fannie Mae Servicing Guide B-2-04 — Individual Property Insurance Requirements for Units in Project Developments — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
[SUPERSEDED] Fannie Mae Servicing Guide B-2-04 — Individual Property Insurance Requirements for Units in Project Developments
B-2-04, Individual Property Insurance Requirements for Units in Project Developments (12/21/2022) Refer to Selling Guide B7-3-04, Individual Property Insurance Requirements for a Unit in a Project Development for property insurance requirements for mortgage loans secured by a unit in a project development, including determining if an individual property insurance policy on a unit in a project development is required, coverage requirements, determining the required coverage amount, and deductible requirements. Refer to Selling Guide B7-3-08, Mortgagee Clause, Name Insured, and Notice of Cancellation Requirements for the applicable requirements for mortgage loans secured by a unit in a project development.
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Source of record: https://claudeforcompliance.com/regs/fnma-svc-b-2-04-superseded-2026/
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