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Can a financial institution have the title insurance company pay off a mortgage based on a cloud on the title?
Wiki User
∙ 14y ago
No.it's not a rule i advise you to visit this site to get your answer http://www.insurance-info.page.tl
Wiki User
∙ 14y ago
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What company acquired National City Mortgage Corporation?
National City Mortgage Company was a financial institution which was based in Cleveland. In 2008, PNC Financial Services acquired National City Mortgage.
Can an insurance agency have financial interest in mortgage company?
Usually yes because an insurance agency does not issue the insurance, it sells or brokers an insurance contract that is issued by an insurance. However some insurances do not like it when there is a controlling interest in a mortgage company. It all depends.
What is genworth and why is it relavent?
Genworth Financial is a financial services company providing insurance and wealth management products. It is relevant because it offers insurance solutions for long-term care, mortgage insurance, and life insurance, which are valuable for individuals looking to protect their financial well-being and assets.
When was Marsh Insurance financial institution founded?
Marsh is a company that was founded in 1871, and is primarily known for its financial services. The company offers insurance broking and risk consulting for international and multinational companies and organizations.
Does Canada have Wells Fargo banks?
Wells Fargo Financial Corporation Canada is associated with Wells Fargo & Company, a company that is not regulated in Canada as a financial institution, a bank holding company or an insurance holding company.
What is financial institution?
Financial institution is an institution that deals with financial transaction.
Is it ok to have two or more financial accounts at the same financial institution or should you diversify your financial accounts between multiple financial companies?
AnswerThe term "financial institution " means depository institutions such as insurance company, safe deposit company, money-market mutual fund, or similar entity authorized to do business. So, diverse financial institution accounts are recommended as it is safe and according to the rules.
Who benefits from a mortgage insurance claim?
The real beneficiary from a mortgage insurance claim is ultimately the insurance company that provided you with the mortgage insurance in the first place.
What is a mortgage company for?
A mortgage servicing company is a company that services the daily maintenance of a mortgage loan. In many cases, after a loan is taken out, and even if that loan is eventually sold to another bank or financial institution, the day-to-day operations is often handed over to another company. In taking this responsibility, the mortgage servicing company gets to take a small percentage of the interest payment, perhaps half a percent.
What is your your what if your what if your what if your what if your what if your what if your what if your what if your what if your what if your what if your name?
If your "advisor" was handling all your financial arrangement for the house, AND he negotiated a mortgage to pay for it - then the mortgage company would REQUIRE that there be an insurance policy on the house in order to protect their monetary interest in it.
Does gap insurance cover repossession in the state of NY?
No, GAP Insurance covers the difference between the market value of the vehicle the insurance company pays you after a total loss and what you owe to the financial institution.
When was Financial Guaranty Insurance Company created?
Financial Guaranty Insurance Company was created in 1983.
