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- Borrower not a Beneficiary of a Forced Placed PolicyForced Placed Insurance only Insured the Risk Faced by the Lender Barry Zalma just now Subscribe now Leave a comment Share Share Excellence in Claims Handling Read the full article at https://www.linkedin.com/pulse/forced-placed-insurance-only-insured-risk-faced-zalma-esq-cfe and at https://zalma.com/blog plus more than 4050...0 Commentarii 0 Distribuiri 3352 Views
- Don't Rely on Force Placed Insurance from your BankForced Placed Insurance Only Protects the Lender Read the full article at https://www.linkedin.com/pulse/reason-right-property-owner-rely-forced-placed-barry-zalma-esq-cfe and at https://zalma.com/blog plus more than 3500 posts. Mortgage lenders include within the terms and conditions of the deed of trust allows the lender to unilaterally select insurance to protect its interest in case the...0 Commentarii 0 Distribuiri 2618 Views
- Lender Must Elect To Take Insurance ProceedsIf Lender Approves Use of Insurance Funds to Repair It Cannot Claim it was Damaged Read the full article at https://lnkd.in/g-_-Pade, see the Full Video at https://lnkd.in/gfXQb2Kh and at https://lnkd.in/gx-522a9 and at https://zalma.com/blog plus more than 4750 posts. Post 4799Posted on May 13, 2024 by Barry Zalma If Lender Approves Use of Insurance Funds to Repair It Cannot Claim it was...0 Commentarii 0 Distribuiri 96 Views
- Lender Owes a Duty of Good Faith to Borrower re Insurance ProceedsLender Must Treat Mortgagee With Utmost Good Faith Read the full article at https://www.linkedin.com/pulse/lender-owes-duty-good-faith-borrower-regarding-barry-zalma-esq-cfe and at https://zalma.com/blog plus more than 3950 posts. When a mortgaged residence is damaged by a storm and the homeowners’ property or flood insurer pays benefits for the storm damages, how should the mortgage...
- Mortgagee has no Right to Insurance Proceeds After Debt PaidMortgagee has no Right to Insurance Proceeds After Debt Paid Read the full article at https://lnkd.in/gC5-p3Jh and see the full video at https://lnkd.in/giH_CgRe and at https://lnkd.in/gxiHtVKQ and at https://zalma.com/blog plus more than 4450 posts. Satisfaction of Mortgage Eliminates Right of Mortgagee to Recover from Homeowners Policy In Thomas P. Williams, Sr. v. Nationwide Insurance a/k/a...0 Commentarii 0 Distribuiri 2618 Views
- Overcharge of Force Placed Insurance Defense to ForeclosureOvercharge of Force Placed Insurance Defense to Foreclosure Force Placed Insurance Charges Allow Special Defense to Foreclosure Read the full article at https://lnkd.in/dZSesj2Q, see the full video at https://lnkd.in/dCYDuKxw and at https://lnkd.in/dUbx5bf8 and at https://zalma.com/blog plus more than 4800 posts. Post 4802 In an action to foreclose a mortgage the trial court granted...0 Commentarii 0 Distribuiri 73 Views
- The Rights of MortgageesA Video Explaining the Union or Standard Mortgage Clause Read the full article at https://www.linkedin.com/pulse/rights-mortgagees-barry-zalma-esq-cfe and see the full video at https://youtu.be/fnta0i2LMYQ and at https://rumble.com/vp0rmu-the-rights-of-mortgagees.html and at https://zalma.com/blog plus more than 3950 posts. Since properties are frequently encumbered by mortgages, most...0 Commentarii 0 Distribuiri 2221 Views
- Tort Victim Not a Beneficiary to a Mortgage ContractMortgage Insurance Requirements Are Solely for the Benefit of the Lender Read the full article at https://www.linkedin.com/pulse/tort-victim-beneficiary-mortgage-requiring-borrower-zalma-esq-cfe and at https://zalma.com/blog plus more than 4100 posts. The district court awarded Christopher Bookter damages in a civil action against Jeromy Brooks, the owner of Chicks Pool Hall (Chicks), and a...
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