FHFA Restricts Force-Placed Insurance Practices
By EsqSocial Corporation 13/11/13
The FHFA has directed Fannie Mae and Freddie Mac to prohibit servicers from being reimbursed for expenses associated with captive reinsurance arrangements. The directive follows the FHFA’s proposal in March 2013 to ban mortgage lenders and servicers...
By: Goodwin Procter LLP