Posted By: Wanna Know
Force place flood insurance process - 06/06/19 05:21 PM
Do you know or can you find out please:
If your bank has to force place flood insurance what is their process?
Do they set up or add to the existing escrow/impound account, add it to the loan amount or use a suspense account, etc?
I am trying to get a feel of what other banks are doing.
Thank you.
If your bank has to force place flood insurance what is their process?
Do they set up or add to the existing escrow/impound account, add it to the loan amount or use a suspense account, etc?
I am trying to get a feel of what other banks are doing.
Thank you.