- This topic has 4 replies, 4 voices, and was last updated 11 years, 8 months ago by .
-
Topic
-
In regard to the “new” force-place rules:
We have two customers that never get their own flood insurance. We always have to force place. We get the expiration notice for March 30. On March 30 we send a 45 day letter and force place the insurance. Customer never provides evidence of coverage, so on day 46 we assess the premium to day 1 of force-placement to the customer’s loan.
This all sounds compliant, correct?
Viewing 4 replies - 1 through 4 (of 4 total)
Viewing 4 replies - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.