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    "legalName": "WJB Services, Inc.",
    "dba": "Bollinsure Insurance Services",
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    "licenseAuthority": "California Department of Insurance"
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  "title": "Selling Guide B7-3-08, Mortgagee Clause, Named Insured, and Notice of Cancellation Requirements",
  "publisher": "Fannie Mae",
  "url": "https://selling-guide.fanniemae.com/sel/b7-3-08/mortgagee-clause-named-insured-and-notice-cancellation-requirements",
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  "accessedDate": "2026-08-31",
  "lastChecked": "2026-08-31",
  "updateCadence": "Fannie Mae updates the Selling Guide on a roughly monthly announcement cycle.",
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      "text": "The applicable insurance policy must include or have attached a standard or union mortgagee clause without contribution."
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      "text": "When Fannie Mae is named, the mortgagee clause must read Fannie Mae, in care of the servicer's name and address."
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      "text": "The individual property or flood insurance policy must name all persons holding title to the subject property as named insured."
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      "text": "The property insurance policy must provide for written notice to the named insured and mortgagee or mortgagees before the insurer can cancel the policy."
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      "text": "This section addresses naming and notice and does not state the amount of coverage required."
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      "title": "What does a lender insurance requirement actually prove?",
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  "citation": {
    "text": "Fannie Mae. \"Selling Guide B7-3-08, Mortgagee Clause, Named Insured, and Notice of Cancellation Requirements.\" unknown. https://selling-guide.fanniemae.com/sel/b7-3-08/mortgagee-clause-named-insured-and-notice-cancellation-requirements (retrieved 2026-08-31).",
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