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Lender Placed Insurance

How Mortgage Servicing Has Come to Resemble Professional Wrestling (But Not As Much Fun)

Joel Sucher | Posted 06.14.2013 | Business
Joel Sucher

As a long-time fan of professional wrestling I've come to see how much of mortgage servicing resembles what goes on in the ring. Like wrestling the servicing business is full of "works," "gimmicks," "heels and baby faces," so let me explain.

How the Federal Housing Finance Agency Blocked Planned Savings of Hundreds of Millions of Dollars

Jeryl Brunner | Posted 05.13.2013 | Politics
Jeryl Brunner

The FHFA's decision preserves unfair practices in the mortgage servicing and insurance industries. It means the new approach and lower rates will not be implemented and therefore the status quo will continue.

Fleecing of American Homeowners: Lender Force-Placed Insurance

Anna Cuevas | Posted 09.05.2012 | Money
Anna Cuevas

Homeowners who were facing financial difficulties find themselves at risk of foreclosure, especially if the insurance premium is substantial.