Fannie Mae Servicing Guide B-2-04 — Property Insurance Requirements for Individual Units in a Project Development
Fannie Mae Servicing Guide B-2-04 — Property Insurance Requirements for Individual Units in a Project Development.
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Verbatim provisions from Fannie Mae Servicing Guide B-2-04 — Property Insurance Requirements for Individual Units in a Project Development — 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.
Fannie Mae Servicing Guide B-2-04 — Property Insurance Requirements for Individual Units in a Project Development
B-2-04, Property Insurance Requirements for Individual Units in a Project Development (12/21/2022) Refer to Selling Guide B7-3-04, Property Insurance Requirements for Individual Units in a Project Development for property insurance requirements for mortgage loans secured by a unit in a project development, including determining if a unit owners property insurance policy is required, required perils, coverage sufficiency, maximum deductible, and additional requirements. Refer to Selling Guide B7-3-08, Mortgagee Clause, Named 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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