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#722340 - 04/26/07 02:20 PM flood insurance
parr04 Offline
Gold Star
Joined: Aug 2004
Posts: 394
oklahoma
We have found a couple of existing loans in which the flood coverage has lapsed. Can the bank purchase forced place insurance during the 45 day period if the charge is not passed on to the customer?

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#722521 - 04/26/07 04:30 PM Re: flood insurance parr04
SavannahOne Offline
Diamond Poster
Joined: Sep 2005
Posts: 1,163
Georgia
Yes.

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