source:
  type: guide
  id: fnma-svc-e-4.4-03
  authority: Fannie Mae Servicing Guide E-4.4-03 — Canceling Flood Insurance Coverage
    for Acquired Properties
  description: Fannie Mae Servicing Guide E-4.4-03 — Canceling Flood Insurance Coverage
    for Acquired Properties.
  coverage_tier: operative
obligations:
- id: fnma-svc-e-4.4-03-full
  canonical_id: fnma-svc-e-4.4-03-full
  section: Fannie Mae Servicing Guide E-4.4-03 — Canceling Flood Insurance Coverage
    for Acquired Properties
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide E-4.4-03 — Canceling Flood Insurance Coverage
      for Acquired Properties
    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: E-4.4-03, Canceling Flood Insurance Coverage for Acquired Properties
      (11/13/2019) When the property is acquired by Fannie Mae, the servicer must
      notify the ﬂood insurance carrier to cancel ﬂood insurance coverage and send
      it any unearned premium refund, unless prohibited by the policy or applicable
      law, within 14 days after the foreclosure sale or acceptance of an executed
      Mortgage Release. Any inquiries regarding the cancellation of ﬂood insurance
      should be addressed to Fannie Mae’s CPM division (see F-4-02, List of Contacts).
      For information regarding the servicer’s responsibilities prior to liquidation
      for maintaining required ﬂood insurance coverage and addressing insurable damage
      or potential damage due to a disaster event, see B-3-01, Flood Insurance Requirements
      Applicable to All Property Types, B-5-01, Insured Loss Events, and D1-3-01,
      Evaluating the Impact of a Disaster Event and Assisting a Borrower. Recent Related
      Announcements The table below provides references to recently issued Announcements
      that are related to this topic. Announcements Issue Date Announcement SVC-2019-07
      November 13, 2019 Published May 13, 2026 497 Announcements Issue Date Announcement
      SVC-2019-02 April 10, 2019
  judgment: false
