source:
  type: guide
  id: fnma-svc-b-8.2-01
  authority: Fannie Mae Servicing Guide B-8.2-01 — FHA Mortgage Insurance Coverage
    Requirements
  description: Fannie Mae Servicing Guide B-8.2-01 — FHA Mortgage Insurance Coverage
    Requirements.
  coverage_tier: operative
obligations:
- id: fnma-svc-b-8.2-01-full
  canonical_id: fnma-svc-b-8.2-01-full
  section: Fannie Mae Servicing Guide B-8.2-01 — FHA Mortgage Insurance Coverage Requirements
  type: do
  tags:
  - regulator-direct
  - fnma
  - servicing-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Servicing Guide B-8.2-01 — FHA Mortgage Insurance Coverage
      Requirements
    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: B-8.2-01, FHA Mortgage Insurance Coverage Requirements (05/10/2017)
      The servicer must maintain the FHA MI, which was in eﬀect when Fannie Mae acquired
      the mortgage loan, unless the conditions Fannie Mae or FHA imposes for canceling
      the coverage are met. See B-8.2-03, Termination or Cancellation of FHA Mortgage
      Insurance and FHA Mortgage Insurance Premium for additional information. When
      the servicer agrees to cancel the annual FHA MIP, it must reduce the borrower’s
      monthly mortgage loan payment by any monthly escrow deposit that was being collected
      to pay the MIP. Without Fannie Mae's prior written approval, the servicer must
      not enter into any agreement which has the potential to modify MI loss claim
      settlements under the terms of the insurance contract. See Requesting Fannie
      Mae Approval for Agreements with Government Insurers or Guarantors in F-1-06,
      Filing an MI Claim for a Liquidated Mortgage Loan or Acquired Property for additional
      information. Recent Related Announcements There are no recently issued Announcements
      related to this topic.
  judgment: false
