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Lender-Placed or Force-Placed Insurance on Home Mortgages
- Overview & Oversight Issues
Engelsk Paperback
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Lender-Placed or Force-Placed Insurance on Home Mortgages
- Overview & Oversight Issues
Engelsk Paperback

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Om denne bog
Mortgage servicers use lender-placed insurance (LPI) to protect the collateral on mortgages when borrower-purchased homeowners or flood insurance coverage lapses. The 2007-2009 financial crisis resulted in an increased prevalence of LPI. Because LPI premiums are generally higher than those for borrower-purchased coverage, state insurance regulators and consumer groups have raised concerns about costs to consumers. This book addresses the extent to which LPI is used; stakeholder views on the cost of LPI; and state and federal oversight of LPI. Furthermore, this book evaluates the financial impact of the LPI market upon Fannie Mae and Freddie Mac (collectively, the Enterprises); and determines whether the Federal Housing Finance Agency (FHFA), in its role as the Enterprises'' conservator, should undertake additional LPI-related actions.
Product detaljer
Sprog:
Engelsk
Sider:
60
ISBN-13:
9781634847377
Indbinding:
Paperback
Udgave:
ISBN-10:
1634847377
Udg. Dato:
1 apr 2016
Længde:
7mm
Bredde:
230mm
Højde:
155mm
Forlag:
Nova Science Publishers Inc
Oplagsdato:
1 apr 2016
Forfatter(e):
Kategori sammenhænge