Fannie Mae Servicing Guide B-2-04 — Individual Property Insurance Requirements for Units in Project Developments
Fannie Mae Servicing Guide B-2-04 — Individual Property Insurance Requirements for Units in Project Developments.
Verbatim regulatory text
Verbatim provisions from 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.
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. Recent Related Announcements The table below provides references to recently issued Announcements that are related to this topic. Announcements Issue Date Announcement SVC-2022-08 December 21, 2022 Chapter B-3, Flood Insurance Requirements Introduction This chapter describes requirements for flood insurance. Published May 13, 2026 175