Tag Archives: Lender-Placed Insurance

Michelle Ceaser of SWBC details how to assist borrowers in navigating the loss draft process.

In 2012, lender-placed insurance issues cost Fannie Mae and Freddie Mac a combined $360 million, and now the federal government may take legal action against servicers for charging excessive LPI rates, according to a report released Wednesday by the Federal Housing Finance Agency’s Office of the Inspector General.