source:
  type: regulation
  id: fhlmc-8202.1
  authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements (07/09/25)
  description: "Freddie Mac Guide §8202.1 (General property insurance requirements). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-8202.1-0
  canonical_id: fhlmc-8202.1-0
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: (07/09/25) This section contains information related
    to: ■ General property insurance requirements ■ Mortgage clause ■ Minimum property insurance types and amounts
    ■ Insurance charges covering the Mortgaged Premises (a) General property insurance requirements For as long
    as Fredd…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '(07/09/25) This section contains information related to: ■ General property insurance requirements
      ■ Mortgage clause ■ Minimum property insurance types and amounts ■ Insurance charges covering the Mortgaged
      Premises (a) General property insurance requirements For as long as Freddie Mac owns a Mortgage, the Servicer
      must ensure that the Mortgaged Premises is covered by insurance meeting the requirements of Chapters 4703
      and 8202. Servicers must ensure that each insurer or reinsurer that provides property or flood insurance coverage
      for each Mortgaged Premises securing a Mortgage owned by Freddie Mac meets the minimum licensing, assessment
      and rating requirements outlined in Section 4703.1. Insurance policies must include coverage for fire, windstorm,
      hurricane, hail, flood and localized perils, when applicable, and provide claims to be settled based on replacement
      cost. Note: Refer to Section 4703.2 for requirements for minimum property insurance types and amounts and
      Section 4703.3 for flood insurance requirements. Servicers must: ■ Ensure that the carrier, policy amount
      and coverage meet the minimum Freddie Mac requirements described in Chapter 4703 ■ Ensure property and flood,
      when applicable, insurance premiums are paid ■ Obtain Lender-Placed Insurance (LPI) when required in accordance
      with applicable law, the Security Instrument and the Guide. See Section 8202.6 for LPI requirements.'
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8202.1-1
  canonical_id: fhlmc-8202.1-1
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: 202-2 (b) Mortgage clause Servicers must ensure
    all insurance policies documenting insurance coverage(s) obtained in accordance with Freddie Mac’s requirements
    for 1- to 4-unit properties include the insurance industry’s standard Mortgage clause and meet the requirements
    outlined…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 202-2 (b) Mortgage clause Servicers must ensure all insurance policies documenting insurance
      coverage(s) obtained in accordance with Freddie Mac’s requirements for 1- to 4-unit properties include the
      insurance industry’s standard Mortgage clause and meet the requirements outlined in Section 4703.6. (c) Minimum
      property insurance types and amounts For each Freddie Mac-owned Mortgage it services, the Servicer must have
      policies and controls in place to ensure that the Mortgaged Premises is insured and the coverage meets the
      minimum property insurance requirements outlined in Section 4703.2. If at any time during the term of the
      Mortgage the Mortgaged Premises is not covered by the minimum property insurance requirements outlined in
      Section 4703.2, the Servicer must follow the LPI process under Section 8202.6. (d) Insurance charges covering
      the Mortgaged Premises Premiums for insurance covering the Mortgaged Premises will be paid when due by Borrowers
      or the Servicer if the Servicer collects Escrows for such purposes. Premiums for insurance obtained by a Planned
      Unit Development (PUD), condominium homeowners association or Cooperative Corporation for the benefit of the
      PUD, Condominium Project or Cooperative Project will be paid as a common expense apportioned to each unit
      owner or Shareholder. If the Condominium Project is located in Puerto Rico, premiums for insurance for a condominium
      homeowners’ association policy for the benefit of the Condominium Project may be paid by the Servicer if the
      Servicer collects Escrow for such purposes.
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8202.1-2
  canonical_id: fhlmc-8202.1-2
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: General property insurance requirements (Future
    effective date 01/01/27) This section contains information related to: ■ General property insurance requirements
    ■ Mortgage clause ■ Minimum insurance monitoring requirements ■ Insurance charges covering the Mortgaged Premises
    ■ Ann…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 'General property insurance requirements (Future effective date 01/01/27) This section contains
      information related to: ■ General property insurance requirements ■ Mortgage clause ■ Minimum insurance monitoring
      requirements ■ Insurance charges covering the Mortgaged Premises ■ Annual insurance reminder'
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8202.1-3
  canonical_id: fhlmc-8202.1-3
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: 202-3 (a) General property insurance requirements
    For as long as Freddie Mac owns a Mortgage, the Servicer must: I. Ensure that the Mortgaged Premises is covered
    by insurance meeting the requirements of Chapters 4703 and 8202, and II. Ensure property and flood, when applicable,
    i…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '202-3 (a) General property insurance requirements For as long as Freddie Mac owns a Mortgage,
      the Servicer must: I. Ensure that the Mortgaged Premises is covered by insurance meeting the requirements
      of Chapters 4703 and 8202, and II. Ensure property and flood, when applicable, insurance premiums are paid,
      and III. Obtain Lender-Placed Insurance (LPI) when required in accordance with applicable law, the Security
      Instrument and the Guide. See Section 8202.6 for LPI requirements. Refer to: ■ Section 4703.1 for requirements
      related to insurer licensing, assessments and ratings, and ■ Section 4703.2 for minimum property insurance
      requirements, and ■ Section 4703.3 for flood insurance requirements (b) Mortgage clause Servicers must ensure
      all insurance policies documenting insurance coverage(s) obtained in accordance with Freddie Mac’s requirements
      for 1- to 4-unit properties include the insurance industry’s standard Mortgage clause and meet the requirements
      outlined in Section 4703.6. (c) Minimum insurance monitoring requirements For each Freddie Mac-owned Mortgage
      it services, the Servicer must: 1. Confirm, at least annually (or upon policy renewal or replacement), that
      the Mortgaged Premises is insured and the coverage meets or exceeds the minimum insurance requirements outlined
      in Chapter 4703, and 2. Have reasonable policies, procedures and controls in place to: I. Confirm insurance
      policies meet the minimum requirements in Chapter 4703 II. If an initial insurance review cannot determine
      whether an insurance policy meets the minimum requirements in Chapter 4703, obtain additional evidence of
      insurance. If the Servicer must obtain additional evidence of 1- to 4-unit property insurance coverage sufficiency,
      it may, as an alternative or supplement to other methods of evidencing replacement cost, monitor the dwelling
      coverage limit for renewal policies. If the dwelling coverage limit compared to the prior year’s policy has'
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8202.1-4
  canonical_id: fhlmc-8202.1-4
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: 202-4 decreased, then the Servicer may not consider
    this as additional evidence of coverage sufficiency. In instances where reasonable efforts to obtain additional
    evidence that the insurance policy meets the minimum requirements of Chapter 4703 have been exhausted and failed,
    th…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 202-4 decreased, then the Servicer may not consider this as additional evidence of coverage
      sufficiency. In instances where reasonable efforts to obtain additional evidence that the insurance policy
      meets the minimum requirements of Chapter 4703 have been exhausted and failed, the Servicer must document
      its efforts in the Mortgage file. III. Notify the Borrower when the Servicer identifies a 1- to 4-unit property
      insurance policy that does not meet one or more of the following minimum requirements outlined in Sections
      4703.1 and
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8202.1-5
  canonical_id: fhlmc-8202.1-5
  section: Freddie Mac Guide 8202.1
  description: '8202.1 General property insurance requirements: ■ Carrier licensing, assessment and rating ■ Coverage
    sufficiency ■ Perils ■ Deductibles (d) Insurance charges covering the Mortgaged Premises Premiums for insurance
    covering the Mortgaged Premises will be paid when due by Borrowers or the Servicer if the Servicer collects
    Escrow…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8202.1 — General property insurance requirements
      (07/09/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: ■ Carrier licensing, assessment and rating ■ Coverage sufficiency ■ Perils ■ Deductibles (d)
      Insurance charges covering the Mortgaged Premises Premiums for insurance covering the Mortgaged Premises will
      be paid when due by Borrowers or the Servicer if the Servicer collects Escrows for such purposes. Premiums
      for insurance obtained by a Planned Unit Development (PUD), condominium homeowners association or Cooperative
      Corporation for the benefit of the PUD, Condominium Project or Cooperative Project will be paid as a common
      expense apportioned to each unit owner or Shareholder. If the Condominium Project is located in Puerto Rico,
      premiums for insurance for a condominium homeowners’ association policy for the benefit of the Condominium
      Project may be paid by the Servicer if the Servicer collects Escrow for such purposes. (e) Annual insurance
      reminder At least annually, Servicers must provide a reminder to Borrowers of their responsibility to maintain
      insurance on the Mortgaged Premises and recommend they contact their insurance provider to review their coverage.
      Servicers may include this reminder in any existing Borrower communication, refer the Borrower to applicable
      insurance information on the Servicer’s website or direct the Borrower to insurance resources on Freddie Mac’s
      website. Servicers may deliver this notice via any method as permitted by applicable law, including, but not
      limited to, e-mail, text messaging, voice response unit technology or a Servicer’s web portal.
    drafter_attestation: Verbatim from Freddie Guide §8202.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
