When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds. A claim check is meant to cover various costs, including repairs.

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

Note: We need to have your complete mortgage assistance package (application with all supporting documentation) before we can evaluate you for available solutions. Please be aware that any collection or foreclosure processes will not be halted unless we receive the complete mortgage ...

If the application is complete and no further information or documentation is needed, we will evaluate your application and provide a decision letter within 30 days from the date the application was deemed to be complete.. If additional information or documentation is needed during u...

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. Visit www.mycoverageinfo.com/mrcooper and follow the simple instructions to upload your Declarations Page. Be sure to include your loan number and...

Contact your homeowners insurance provider – Provide details of the damage and loss sustained due to the disaster.

Escrow Account Definition Escrow account overview, including when it’s required and how it’s used Minimum Required (Escrow) Balance Definition and amount of minimum required balance in escrow Removing Your Escrow Account Describes what it means to remove escrow and provides informati...

Where to send your mortgage assistance documents. However you send your documents, please be sure to include a note including your name, loan number, property address, and contact information.. Finally, if you have been making payments and have been led to believe they are going towa...

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

Homeowners (Hazard) Insurance. This is required for all mortgages to protect your home and investment and it can be paid through your escrow account.. Flood Insurance. Required if you live in an area with special flood hazards and it can be paid through your escrow account. This is d...