An escrow account is where funds are held to pay property tax and insurance bills on your behalf. If your loan is escrowed, a part of your mortgage payment goes ...

Jul 7, 2025 ... 8 Ways to Save Money on Homeowners Insurance · 1. Raise your deductible · 2. Get your home and auto insurance from the same company · 3. Shop ...

Jun 13, 2023 ... 6 Types of Insurance for Natural Disasters · 1. Homeowners insurance · 2. Flood insurance · 3. Sewer backup insurance · 4. Earthquake insurance.

You are required to have enough insurance to cover the lower of either the replacement cost of the home or the remaining principal balance on your loan.

If there are any changes to your insurance policy or carrier, please let us know as soon as possible by sending us the Declarations Page.

When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds.

Mortgage insurance protects the investor or noteholder if the borrower defaults on the loan. It lowers the investor's risk when funding a home loan.

Find out how to handle insurance claim checks (also known as loss drafts) issued by your . Learn how to endorse, send, and track your claim check to Mr. Cooper.

Aug 8, 2023 ... Estimated reading time: 3 minutes. Did you know flooding is the most common natural disaster? Experts warn that floods can happen almost ...

Jan 27, 2025 ... The California Department of Insurance has announced that a one-year moratorium on homeowners insurance cancellations and non-renewals will now reach more ...