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Force Placed Insurance/No Homeowners: Escrow?

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Question: 
Escrow Question: If the customer currently has force placed insurance and in a loan rework cannot get homeowner's insurance, can the force placed insurance be escrowed?
Answer: 

You will have to refer to your loan documents. Generally the establishment of an escrow is addressed in the mortgage document.

First published on 08/25/2014

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