Tuesday, November 5, 2013

Fannie, Freddie Directed to Restrict Force-Placed Insurance Practices

Posted by Me on Facebook on November 06, 2013 at 12:03AM:



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Source:

http://bit.ly/179pSQK

Description:

Citing concerns about the costs of force-placed insurance for the GSEs and consumers alike, the Federal Housing Finance Agency (FHFA) on Tuesday directed Fannie Mae and Freddie Mac to prohibit servicers from taking reimbursements from insurers providing f

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