Look Who's Pushing Homeowners Off the Foreclosure Cliff - Bloomberg
Posted by admin / Under Collateral Protection Insurance
 Bloomberg | Look Who's Pushing Homeowners Off the Foreclosure Cliff Bloomberg Most mortgages also allow the lender to purchase insurance for the home and “force-place” it if a policy lapses or is deemed insufficient. These standard provisions are meant to protect the lender's collateral -- the property -- if a calamity occurs. |
Published on Monday 21st of May 2012 02:22:35 PM
American Financial Group, Inc. Announces First Quarter Earnings - MarketWatch (press release)
Posted by admin / Under Collateral Protection Insurance
American Financial Group, Inc. Announces First Quarter Earnings MarketWatch (press release) Specialty Financial includes risk management insurance programs for lending and leasing institutions (including collateral and mortgage protection insurance), surety and fidelity products and trade credit insurance. |
Published on Monday 21st of May 2012 02:22:35 PM
Exorbitant Insurance Policies Tipping Homeowners Into Foreclosure - Huffington Post
Posted by admin / Under Collateral Protection Insurance
Exorbitant Insurance Policies Tipping Homeowners Into Foreclosure Huffington Post Most mortgages also allow the lender to purchase insurance for the home and “force-place” it if a policy lapses or is deemed insufficient. These standard provisions are meant to protect the lender's collateral -- the property -- if a calamity occurs. |
Published on Monday 21st of May 2012 02:22:35 PM
U.S. Banks Sold More Swaps on European Debt as Risks Rose - Bloomberg
Posted by admin / Under Collateral Protection Insurance
 Bloomberg | U.S. Banks Sold More Swaps on European Debt as Risks Rose Bloomberg US banks increased sales of protection against credit losses to holders of Greek, Portuguese, Irish, Spanish and Italian debt in the last quarter of 2011 as the European debt crisis escalated. Guarantees provided by US lenders on government, ... US Banks Sold More Swaps on European Debt as Risks Rose |
Published on Monday 21st of May 2012 02:22:35 PM
Consumer bureau to propose new rules for mortgage servicers - Los Angeles Times
Posted by admin / Under Collateral Protection Insurance
Consumer bureau to propose new rules for mortgage servicers Los Angeles Times •Insurance options: Servicers are responsible for ensuring that adequate fire insurance is maintained on the mortgaged property. If it isn't, they have every right to purchase coverage to protect the collateral. This is known as "force-placed" ... |
Published on Monday 21st of May 2012 02:22:35 PM
JPMorgan: Another Reason CDS Should Be Regulated As Insurance - Seeking Alpha
Posted by admin / Under Collateral Protection Insurance
JPMorgan: Another Reason CDS Should Be Regulated As Insurance Seeking Alpha Similarly, lack of an insurable interest in life insurance would lead to murder for profit. Moral hazard is created when the buyer of insurance is motivated to desire a loss. JPMorgan sold protection referencing CDX IG NA Series 9, a somewhat obscure ... |
Published on Monday 21st of May 2012 02:22:35 PM
AM Best: Century-National Upgraded to A - Insurance Journal
Posted by admin / Under Collateral Protection Insurance
AM Best: Century-National Upgraded to A Insurance Journal AM Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” of Century-National Insurance Co. in North Hollywood, Calif. The outlook for both ratings has been revised to stable ... |
Published on Monday 21st of May 2012 02:22:35 PM
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