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In Response To:
Thread Starter: Dani York, CRCM
Title: Re: 45 day notice for force-place

Originally Posted By: Anonymous
Confused then. Why do we have new RESPA rules for force-placed insurance (re: that we can't charge until day 45 on consumer loans), if this existed in Flood regs all along?

Are you saying that RESPA makes it true for consumers, and that Flood regs make it true for both consumers and commercial?


The RESPA force-placement rules are for HAZARD insurance, not flood insurance. They are 2 separate sets of rules/standards.