Can anyone tell me how they are billing for force placed insurance. If you add the premium to the loan balance, are you amortizing over the remaining term of the loan, over the term of the insurance (12 months), or some shorter term? Our lending department would like to amortize the amount of the amount of the insurance over a 6 or 9 month period changing the loan payment amount for that term, then reamortize the loan payment. Can anyone see any problem with that?