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A Mortgage Practice Gets a Closer Look by Regulators
March 28th, 2013 1:44 PM

WASHINGTON — Among the conditions imposed on most people who borrow money to buy a house, maintaining property insurance is one of the most common. If a borrower lets such a policy lapse, the lender will often protect its investment by purchasing a policy and billing the homeowner for it.


http://www.nytimes.com/2013/03/27/business/economy/regulators-review-costs-of-force-placed-insurance.html?ref=realestate&_r=1&

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Posted by Teresa Molina on March 28th, 2013 1:44 PMPost a Comment

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