Have You Reviewed Your REO Insurance Policy? Foreclosure moratorium initiated by the CARES Act is ending. Does your FI have the proper REO policy in...
CPI premiums are exorbitant, and their coverage is poor. Force-placed policies can cost as much as 20% of the loan balance, causing even more...
A credit union executive recently shared the thought that “those expensive force-placed premiums just don’t feel right.” What are the other options?
Why are Credit Unions re-evaluating the impact of CPI and tracking on member relationships? Here's what Credit Unions across the country had to say.
Regulations can be confusing. There are mountains of inquiries and revisions to the revisions. We summarize a response to the top four questions we...
It is very common for community lenders to acknowledge the shortcomings of insurance tracking and force placing CPI coverage on borrowers.