source:
  type: regulation
  id: fnma-svc-b-7
  authority: "FNMA Servicing Guide B-7 — Liability and Fidelity/Crime Insurance Requirements for Project Developments"
  description: 'Servicing Guide Chapter B-7 sets requirements for liability and fidelity/crime insurance coverage for project developments (condo/co-op/PUD).

    '
obligations:
- id: fnma-svc-b-7-general-liability-project-developments
  canonical_id: fnma-svc-b-7-general-liability-project-developments
  section: "FNMA Servicing Guide B-7-01 — General Liability Insurance Requirements for Project Developments"
  description: '[LENDER] must ensure that general liability insurance coverage for

    project developments (condo, co-op, PUD) meets the Selling Guide

    B7-4-01 requirements for project developments that secure Fannie Mae

    mortgage loans.

    '
  type: do
  audit_question: For every Fannie Mae mortgage loan secured by a unit in a project development, can [LENDER] evidence that general liability insurance coverage meets Selling Guide B7-4-01 requirements?
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: insurance_specialist
  cadence: continuous
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - liability-insurance
  - project-developments
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide B-7-01
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: cf63a82bbb4adfba
    fetched_at: '2026-05-22T23:53:19Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: Refer to Selling Guide B7-4-01, General Liability Insurance Requirements for Project Developments for general
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter B-7) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:09+00:00'
  promoted_from: fnma-svc-b-7-roundb-v1.yaml
  program_review: Does the program ensure general liability insurance for project developments (condo/co-op/PUD) meets Selling Guide B7-4-01?
  file_review: For project-development loans, confirm general liability coverage meets B7-4-01.
  judgment: false
- id: fnma-svc-b-7-fidelity-crime-project-developments
  canonical_id: fnma-svc-b-7-fidelity-crime-project-developments
  section: "FNMA Servicing Guide B-7-02 — Fidelity/Crime Insurance Requirements for Project Developments"
  description: '[LENDER] must ensure that fidelity/crime insurance coverage for project

    developments (condo, co-op, PUD) meets the Selling Guide B7-4-02

    requirements for project developments that secure Fannie Mae mortgage

    loans.

    '
  type: do
  audit_question: For every Fannie Mae mortgage loan secured by a unit in a project development, can [LENDER] evidence that fidelity/crime insurance coverage meets Selling Guide B7-4-02 requirements?
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: insurance_specialist
  cadence: continuous
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - fidelity-insurance
  - project-developments
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide B-7-02
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/servicing-guide
    snapshot_id: cf63a82bbb4adfba
    fetched_at: '2026-05-22T23:53:19Z'
    content_hash: sha256:89df66c43baad07f8a8dd9d224492fff7d15e8839edba02ad0e74c7e50fe5da3
    paragraph_quote: Refer to Selling Guide B7-4-02, Fidelity/Crime Insurance Requirements for Project Developments for
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter B-7) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:09+00:00'
  promoted_from: fnma-svc-b-7-roundb-v1.yaml
  program_review: Does the program ensure fidelity/crime insurance for project developments meets Selling Guide B7-4-02?
  file_review: For project-development loans, confirm fidelity/crime coverage meets B7-4-02.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T00:25:09+00:00'
  candidate_path: C:\Users\earlc\broker-tools\obligations\_remediation\_round_b_drafts\fnma-svc-b-7-roundb-v1.yaml
  candidates_promoted: 2
  candidates_skipped_existing: 0
