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Lenders Financial Insurance Services
specializes in insurance programs that are used
by financial institutions in the daily course of their
business. These include banks, credit
unions, mortgage companies, and real estate
companies.
Reducing
Risk. Lowering Cost. It's a simple philosophy.
If it's good for the client, then it's good for
Lenders Financial Insurance Services. Thus, we
measure our success by maximizing the insurance
efficiencies - through insurance - that are
available to our clients. We
work with our clients, using both traditional and
innovative insurance solutions to lower their risk,
and reduce their costs.
Lenders
Financial can discuss a multitude of ideas,
solutions, and innovations to current loan operation
challenges. Insurance, like technology, is
always changing. New and better ways of using
insurance to "lower risk" and "reduce costs" are
regularly being made available to the financial
institution marketplace.
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NY Regulators Deepen Force
Placed Insurance Investigation
Property Casualty 360
New
York state regulators are calling on insurers to
justify the rates they change for force-placed
insurance coverage and say there is evidence of
conflict of interest between bankers and insurers.
Fannie Mae Changing
"Force-Placed" Home Insurance Rules
Insurance Journal-
Government-controlled Fannie Mae, the biggest source
of money for U.S. home loans, notified lenders of
the planned policy change in a Tuesday bulletin, a
copy of which was obtained by Reuters.
- Read the New FNMA Guidelines
Here -
Repossessed Homes
in Michigan Hit Lowest Mark since 2008
Up North Live
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The housing market isn't going to
bounce back overnight from the rock-bottom it hit in
2009, but those who lend and sell homes are seeing
positive signs.
What New Jumbo Mortgage Rules
Mean for Expensive Zip Codes
Yahoo Finance
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On Oct. 1, the size of mortgages
eligible for purchase by Fannie Mae and Freddie Mac
will shrink. That isn't necessarily a big deal in
most parts of the country. In some pricey
places, the new limits will really pinch borrowers.
Phoenix, The Epicenter of
Housing Crisis
In metropolitan
Phoenix, two-thirds of all residential mortgages
are underwater. Of these, some 200,000 are 50%
larger than the current market value of the
properties. Many homeowners have come to doubt
whether they'll ever retrieve their lost equity.
Remapping of Flood
Plains Costly for Some Homeowners
Philadelphia Inquirer -
For
the last eight years, FEMA has been remaking its
aging flood-map stock, playing catch-up with changes
along waterways wrought by development, storm
patterns, and natural processes.
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