Model Form for Force Placed Insurance 1024.37(d)(2)(ii)
Updated 10/12/2017
Federal banking regulation compliance tool MS-3(C)–Model Form for Force-Placed Insurance Notice Containing Information Required By 1024.37(d)(2)(ii). Complies with mortgage servicing rule changes effective 10/19/2017. “Force-placed insurance” means hazard insurance obtained by a servicer on behalf of the owner or assignee of a mortgage loan that insures the property securing such loan.
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