Fannie Mae Servicing Guide B-8.2-02 — Conversion of FHA Coinsured Mortgage Loans to Full Insurance
Fannie Mae Servicing Guide B-8.2-02 — Conversion of FHA Coinsured Mortgage Loans to Full Insurance.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide B-8.2-02 — Conversion of FHA Coinsured Mortgage Loans to Full Insurance — 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-8.2-02 — Conversion of FHA Coinsured Mortgage Loans to Full Insurance
B-8.2-02, Conversion of FHA Coinsured Mortgage Loans to Full Insurance (11/12/2014) If a current FHA coinsured mortgage loan is not automatically converted to full insurance when the 60th monthly payment is made, the servicer must contact its Fannie Mae Servicing Representative (see F-4-02, List of Contacts). If the servicer cannot continue its coinsurance obligations because of its dissolution or bankruptcy, it must notify FHA and provide a list of all coinsured mortgage loans in its Fannie Mae portfolio. The servicer must send Fannie Mae the list of mortgage loans and a copy of FHA’s acknowledgment that the mortgage loans will be converted to full insurance.
Operationalizing Fannie Mae Servicing Guide B-8.2-02 — Conversion of FHA Coinsured Mortgage Loans to Full Insurance
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Source of record: https://claudeforcompliance.com/regs/fnma-svc-b-8-2-02/
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