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How does one locate a copy of a lost title insurance policy when the bank that handled the closing and the mortgage on a newly constructed home and handled the title insurance no longer exists?
Wiki User
∙ 15y ago
U should be able to go directly to the underwriter (whoever the master insurer is) e.q. Stewart, First American, Chicago....they should have a copy of your policy. Usually if you have a copy of your mortgage it should say in the legal description who the underwriter is.
Wiki User
∙ 15y ago
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What is the website for chase mortgage insurance claims?
Any problems that arise should be handled by calling 1-800-848-9136 or if it after midnight Monday through Friday and after 8pm on Saturday {closed on Sundays} call 1-800-582-0542.
Will mortgage insurance automatically be canceled if the property goes through foreclosure Can the insurance company make you continue to pay or come after you for money after foreclosure?
I believe this question deals with Mortgage Insurance, not homeowners insurance. After foreclosure the lender will file a claim with the mortgage insurer. The claim is paid and since the mortgage is no longer in force the policy is void and no further claims can be made. Since the policy is no longer in force there are no premiums to be paid. The insurance company will not come after you unless they discover that you obtained the mortgage (thus the insurance also) by fraudulent means. If that is the case they will come after you. Also, any losses that the lender incurred beyond what the insurance paid are still collectible. It will be reported to the credit agencies and they will continue to try to collect from you. Homeowners insurance is one of the peripheral issues that families facing foreclosure must deal with. While it is possible that the county can take the home through a different type of foreclosure for unpaid property taxes, and the mortgage company will be pursuing a lawsuit for the defaulted mortgage contract, there is little the homeowners insurance company will do upon nonpayment. However, this does not mean that property owners have nothing to worry about. There are two most likely scenarios when homeowners begin missing their mortgage payments, and what happens with the insurance will relate to how the premiums are paid. The issue may be handled differently depending on if the owners pay the insurance on their own or if it is paid monthly through the escrow on the mortgage. Most homeowners, though, escrow their property taxes and insurance through their monthly mortgage payment. Typically, when payments are missed on an insurance policy, the coverage will continue for a period of months. If something happens to the house, the owners will be covered by their policy, although the amount they have fallen behind will be deducted from total awarded to them for the accident. However, if numerous payments are missed for longer than just a few months, the policy will lapse and the owners will no longer have any coverage. What may happen at this point is the mortgage company will buy its own homeowners insurance for the house, and they will add the monthly premiums to the amount owed on the loan. If the homeowners want to get back on track with the mortgage, they will have to pay back this extra amount for the forced insurance. Lenders will also not shop around for the best rates, so the monthly cost for the policy may be quite a bit more expensive than the owners were used to. Of course, this should not be an issue at all if the homeowners pay the insurance through their monthly payment to the lender. The bank will keep paying the taxes and insurance to make sure the policy does not lapse, while adding the amount of these missed payments to the total needed to reinstate the loan. Any insurance payments the lender makes will be included in the payoff and foreclosure judgment.
What rules does a FHA lender have to follow that a traditional mortgage lender does not?
FHA loans are handled differently and have guidelines set forth by the government restricting everything from income limits to down payment amounts. The normal mortgage lenders have guidelines but not nearly as strict as FHA.
How do you get the martial home in your name after divorce and your not on the mortgage?
This would be handled in divorce court. Ask your lawyer. That's what they're for. Using a site such as this is not recommended. You're discussing thousands of dollars.
When closing a real estate deal what will the real estate broker do with the deposit?
The earnest money deposit is held in an escrow account until the closing takes place. At closing the earnest money is either credited to your side to add to your down payment or it can be credited back to you in the form of a check. If your deal does not close there are different rules in each state as to how the earnest money will be handled.
East West Mortgage charge closing costs on refinances?
Call East West Mortgage to find out about the policies regarding closing costs. Every lender has specific policies about closing costs, what is included and how the fees are handled. If you are considering a refinance with East West, you should phone them and get the information straight from the source.
Does the homeowners insurance have to be in the name of the person on the mortgage if they died?
If the Homeowner has died you should notify the Insurance Company. Any policy issues can be handled by the estate executor. If you are an heir to a property in a jurisdiction that does not require transfer of deed until disposal you may purchase coverage as the owner. You should also contact The Mortgage Company. The deceased may have purchased credit life option on the mortgage finance note at the time of purchase. If So, the credit Life insurance may pay off any remaining balance on an existing mortgage note.
What is the website for chase mortgage insurance claims?
Any problems that arise should be handled by calling 1-800-848-9136 or if it after midnight Monday through Friday and after 8pm on Saturday {closed on Sundays} call 1-800-582-0542.
How big is the mortgage industry?
In 2001, with interest rates lower than they had been since the 1960s, the mortgage industry originated more than $2 trillion in loans for the first time ever. Mortgage brokers handled roughly 55 percent of these loans.
How is liability insurance handled in insurance?
In most cases, clients are handed over with the processes and legal documentation of getting an insurance from a company - providing the necessary information ,limits and scope of the client's insurance - which then includes liability insurance.
How do you deal with an at fault insurance company that is slow?
If you feel something has been handled improperly, you should file a complaint with your states insurance department.
Who can sell structured insurance settlements?
Anyone can sell structured insurance settlements but it needs to be overseen by an insurance broker or lawyer. It's usually overseen by your personal insurance broker or the one who handled the settlement.
Will mortgage insurance automatically be canceled if the property goes through foreclosure Can the insurance company make you continue to pay or come after you for money after foreclosure?
I believe this question deals with Mortgage Insurance, not homeowners insurance. After foreclosure the lender will file a claim with the mortgage insurer. The claim is paid and since the mortgage is no longer in force the policy is void and no further claims can be made. Since the policy is no longer in force there are no premiums to be paid. The insurance company will not come after you unless they discover that you obtained the mortgage (thus the insurance also) by fraudulent means. If that is the case they will come after you. Also, any losses that the lender incurred beyond what the insurance paid are still collectible. It will be reported to the credit agencies and they will continue to try to collect from you. Homeowners insurance is one of the peripheral issues that families facing foreclosure must deal with. While it is possible that the county can take the home through a different type of foreclosure for unpaid property taxes, and the mortgage company will be pursuing a lawsuit for the defaulted mortgage contract, there is little the homeowners insurance company will do upon nonpayment. However, this does not mean that property owners have nothing to worry about. There are two most likely scenarios when homeowners begin missing their mortgage payments, and what happens with the insurance will relate to how the premiums are paid. The issue may be handled differently depending on if the owners pay the insurance on their own or if it is paid monthly through the escrow on the mortgage. Most homeowners, though, escrow their property taxes and insurance through their monthly mortgage payment. Typically, when payments are missed on an insurance policy, the coverage will continue for a period of months. If something happens to the house, the owners will be covered by their policy, although the amount they have fallen behind will be deducted from total awarded to them for the accident. However, if numerous payments are missed for longer than just a few months, the policy will lapse and the owners will no longer have any coverage. What may happen at this point is the mortgage company will buy its own homeowners insurance for the house, and they will add the monthly premiums to the amount owed on the loan. If the homeowners want to get back on track with the mortgage, they will have to pay back this extra amount for the forced insurance. Lenders will also not shop around for the best rates, so the monthly cost for the policy may be quite a bit more expensive than the owners were used to. Of course, this should not be an issue at all if the homeowners pay the insurance through their monthly payment to the lender. The bank will keep paying the taxes and insurance to make sure the policy does not lapse, while adding the amount of these missed payments to the total needed to reinstate the loan. Any insurance payments the lender makes will be included in the payoff and foreclosure judgment.
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Product completed operations insurance is a liability insurance that covers manufacturers and contractors. This protects the insured in the claims brought by the products they have distributed, handled or sold.
How do you file a complaint to Bank Negara Malaysia on cases badly handled by the Insurance company?
claim rejected
Your child support is from NY order and you live in Florida where it is handled for you your sons father lives in Virginia and you received a letter stating they were closing your child support case C?
Question is unclear as to who is closing the case and why, but this probably means only that the State is closing enforcement services. This has no effect on any court order(s).
Why should someone pick Geico home insurance over the other companies?
Geico Insurance offers very competitive rates. Geico is a very customer service oriented company. All claims are handled by in house adjusters.There is no outsourcing. Arbitration is handled professionally. The website is very user friendly.
