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Escrow, Taxes, & Insurance
https://www.mrcooper.com/help-center/escrow
Manage all insurance & tax details for your mortgage.
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Insurance Requirements
https://www.mrcooper.com/help-center/escrow/insurance-requirements
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.
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6 Types of Insurance for Natural Disasters | The Mr. Cooper Blog
https://www.mrcooper.com/blog/6-types-of-insurance-for-natural-disasters/
Jun 13, 2023 ... 6 Types of Insurance for Natural Disasters · 1. Homeowners insurance · 2. Flood insurance · 3. Sewer backup insurance · 4. Earthquake insurance.
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Mortgage Insurance (also PMI or MIP)
https://www.mrcooper.com/help-center/escrow/mortgage-insurance-pmi-mip
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.
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Advising Us of Insurance Policy Changes
https://www.mrcooper.com/help-center/escrow/insurance-policy-changes
What, when, and how to send updates if your insurance policy changes.
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Insurance Claim Check Process
https://www.mrcooper.com/help-center/escrow/insurance-claim-check
When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds.
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Required Insurance Updates for Transferred Accounts
https://www.mrcooper.com/help-center/new-transferred-loans/homeowners-insurance-changes
Provides instructions and details for updating homeowners insurance policies.
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Help Center - Mr. Cooper
https://www.mrcooper.com/help-center
How can we help you? · Payments & Payoffs · Statements & 1098/1099 · Escrow, Taxes, & Insurance · New or Transferred Loans · Mortgage Assistance · Account Help.
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New Wildfire Insurance & Tax Relief Announced for California ...
https://www.mrcooper.com/blog/wildfire-insurance-protections-california/
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 ...
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Flood Insurance 101 | The Mr. Cooper Blog
https://www.mrcooper.com/blog/flood-insurance-101/
Aug 8, 2023 ... Flood insurance covers damage from flooding versus damage from other sources, like a leaky washing machine. It is typically a separate policy ...