Monday Morning Cup of Coffee: When will mortgage lending pick up?

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore

The Wrap: Appraisal activity continues to pick up in second week of August

Appraisal Foundation joins HousingWire
W S

Items Tagged with 'force-placed insurance'

ARTICLES

Assurant continues shift toward housing insurance programs

Finds buyer for several health insurance business lines
Assurant is taking the next step in its shift toward a focus on its housing insurance programs, which include renters/apartment insurance, flood insurance, manufactured housing and force-placed insurance. The company announced Wednesday that it will immediately begin to wind down its major medical operations and has reached an agreement in principle to sell “certain business lines and assets” to National General Holdings Corp.
Read More

Assurant exits health insurance; focus shifts to housing

Plans expansion of lender-placed insurance and other programs
Assurant is planning to exit the health insurance and employee benefits business and will shift its focus instead to its housing insurance programs, which include renters/apartment insurance, flood insurance, manufactured housing and force-placed insurance.
Read More

Ocwen, Assurant to pay $140 million to settle force-placed insurance suit

Class-action suit accused Ocwen of artificially inflating costs
Ocwen Financial and Assurant agreed to pay $140 million to settle a massive class-action lawsuit, which accused Ocwen of artificially inflating the cost of force-placed insurance in exchange for kickbacks from Assurant. The settlement agreement, which is awaiting final approval from federal court in Florida, resolves claims of 399,843 homeowners who allege they were overcharged for insurance.
Read More

FHFA-OIG: FHFA should sue over force-placed insurance practices

Excessively priced insurance cost GSEs $158 million in 2012
The Federal Housing Finance Agency’s Office of the Inspector General is suggesting that the FHFA sue its servicers and lender-placed insurance providers because Fannie Mae and Freddie Mac have suffered “considerable financial harm” in the LPI market.
Read More