FNMA Servicing Guide B-2 — Property Insurance Requirements
Servicing Guide Chapter B-2 sets the servicer's property-insurance responsibilities including continuous coverage and annual verification.
Verbatim regulatory text
Verbatim provisions from FNMA Servicing Guide B-2 — Property Insurance Requirements — 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.
FNMA Servicing Guide B-2-01 — Property Insurance Requirements Applicable to All Property Types
The servicer must have policies and procedures in place to ensure that required property insurance is continuously maintained on the subject property.
FNMA Servicing Guide B-2-01 — Property Insurance Requirements Applicable to All Property Types
Verify at least annually that the selected insurer, policy amount and type of coverage meet Fannie Mae’s requirements as described in Selling Guide B7-3, Property and Flood Insurance.
Fannie Mae Servicing Guide Chapter B-2 — Property Insurance Requirements (introduction)
Chapter B-2, Property Insurance Requirements Introduction This chapter describes requirements relating to property insurance.
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Source of record: https://claudeforcompliance.com/regs/fnma-svc-b-2/
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