Fannie Mae has released FAQs for HO-6 and Master/Blanket Insurance for Condominiums to guide sellers and servicers with complying with new requirements pertaining to the HO-6 and master/blanket insurance requirements in the Selling Guide, B7-3-04: Hazard Coverage for Units in Project Developments, and in Servicing Guide Announcement SVC 2011-23: Condominium Insurance Requirements. These requirements were effective for all mortgage loans with application dates on or after January 1, 2012.
