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<a href="http://www.accessmylibrary.com/coms2/summary_0286-27093143_ITM" title="Facts and information about Weichert Offers Force Placement.(Weichert Insurance Agency Inc.)(Brief Article)">Weichert Offers Force Placement.(Weichert Insurance Agency Inc.)(Brief Article)</a>
Weichert Offers Force Placement.(Weichert Insurance Agency Inc.)(Brief Article)
Mortgage Servicing News
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September 01, 2001 |
COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Weichert Insurance Agency is offering forced placement of insurance for mortgage lenders.
For the past ten years, Weichert has been offering a blanket program to banks and mortgage companies through Balboa Life and Casualty.
Forced place insurance is coverage that a mortgage company or bank can purchase to cover its interest in property if the homeowner's coverage lapses or if the property is in foreclosure.
"We currently insure several banks and are looking to sign up more," said Bill Barfoot, vice president of sales for Weichert ...
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Source: HighBeam Research, Weichert Offers Force Placement.(Weichert Insurance Agency...