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BankersOnline.com Forums Dodd-Frank Final Rules Discussions Mortgage Servicing Rules Forced Placed Insurance at Customers Request
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#1879518 - 12/17/13 07:47 PM Forced Placed Insurance at Customers Request
mh11 Offline
Member
Joined: Jan 2011
Posts: 55
We have a customer who requested that we force place their hazard insurance. What letters should we send and what type of documentation should we obtain from the borrower in this situation?

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Mortgage Servicing Rules
#1879551 - 12/17/13 08:16 PM Re: Forced Placed Insurance at Customers Request mh11
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,396
Galveston, TX
I would not entertain such a request. I would follow all the normal force placement processes at the proper time.
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