source:
  type: regulation
  id: fnma-svc-b-8
  authority: "FNMA Servicing Guide B-8 — Mortgage Insurance"
  description: 'Servicing Guide Chapter B-8 establishes MI servicing responsibilities including HPA-1998 compliance and 30-day MI-event reporting.

    '
obligations:
- id: fnma-svc-b-8-hpa-compliance
  canonical_id: fnma-svc-b-8-hpa-compliance
  section: "FNMA Servicing Guide B-8.1-01 — Conventional Mortgage Insurance Servicer Responsibilities"
  description: '[LENDER] must comply with all requirements under the Homeowners

    Protection Act of 1998 or other applicable law in the servicing of MI

    on conventional Fannie Mae mortgage loans (borrower-requested and

    automatic MI cancellation, final termination, escrow refund and notice

    requirements).

    '
  type: do
  audit_question: For every conventional Fannie Mae mortgage loan with MI, can [LENDER] evidence compliance with the Homeowners Protection Act of 1998 and any other applicable law governing MI cancellation, termination, and borrower notices?
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: compliance_officer
  cadence: continuous
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - mortgage-insurance
  - hpa-1998
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide B-8.1-01
    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: Comply with all requirements under the Homeowners Protection Act of 1998 or other applicable
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter B-8) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:10+00:00'
  promoted_from: fnma-svc-b-8-roundb-v1.yaml
  program_review: Does the program ensure HPA (and other applicable-law) compliance in servicing conventional MI — borrower-requested and automatic cancellation, final termination, escrow refund, and notice requirements?
  file_review: Sample conventional MI loans; confirm HPA cancellation/termination/notice handling.
  judgment: false
- id: fnma-svc-b-8-mi-rescission-reporting-30-day
  canonical_id: fnma-svc-b-8-mi-rescission-reporting-30-day
  section: "FNMA Servicing Guide B-8.1-01 — Conventional Mortgage Insurance Servicer Responsibilities"
  description: '[LENDER] must report rescissions, mortgage insurer-initiated

    cancellations, and claim denials to Fannie Mae no more than 30 days

    from the date of notification of the MI company''s determination to

    effect a rescission, mortgage insurer-initiated cancellation, or claim

    denial.

    '
  type: do
  audit_question: For every MI rescission, insurer-initiated cancellation, or claim denial received from an MI company on a Fannie Mae mortgage loan, can [LENDER] evidence reporting to Fannie Mae within 30 days of notification?
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: compliance_officer
  cadence: per-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fnma
  - servicing-guide
  - mortgage-insurance
  - rescission-reporting
  - 30-day
  - promoted
  primary_source:
    tier: 1
    authority: FNMA Servicing Guide B-8.1-01
    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: Report rescissions, mortgage insurer-initiated cancellations, and claim denials to Fannie Mae no
    drafter_attestation: 'Copied verbatim from FNMA Servicing Guide snapshot cf63a82bbb4adfba (chapter B-8) at 2026-05-22.

      '
  promoted_at: '2026-05-23T00:25:10+00:00'
  promoted_from: fnma-svc-b-8-roundb-v1.yaml
  program_review: Does the program ensure MI rescissions, insurer-initiated cancellations, and claim denials are reported to Fannie Mae within 30 days of notification of the MI company's determination?
  file_review: For MI rescission/cancellation/denial events, confirm reporting to Fannie Mae within 30 days of notification.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T00:25:10+00:00'
  candidate_path: C:\Users\earlc\broker-tools\obligations\_remediation\_round_b_drafts\fnma-svc-b-8-roundb-v1.yaml
  candidates_promoted: 2
  candidates_skipped_existing: 0
