Lender Force-Placed Insurance Practices

Lenders can require that a homeowner maintain adequate insurance on their property, and should it lapse, they can obtain insurance coverage and add the costs of this force-placed insurance to the mortgage -- lender force-placed insurance (LFPI). This book brings to light an essential area of insurance law that reaches almost every area of consumer life in the country, providing a clear explanation of the subject and solutions to the continuing problems involved in LFPI practices. With its in-depth discussion of the key issues involved in LFPI, this is an essential resource for attorneys, financial advisors, and others who counsel borrowers and lenders.
ISBN10: 1634250648
ISBN13: 9781634250641
Number Of Pages: 336
Publication Date: 20160807
Publisher: National Book Network
Binding: Paperback
SKU: 9781634250641
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