Emily Carr
By Emily Carr
on December 08, 2022
We know you have questions when it comes to CFPB Force-Placed Insurance. Let’s start at the beginning: What is it?
Emily Carr
By Emily Carr
on October 10, 2022
2022 has been a big year for flood insurance regulation, all thanks to the release of the Interagency Flood Q&As.
Jim Gilpin
By Jim Gilpin
on February 23, 2022
Updated October 19, 2022 Starting in '73, here's an overview of the joint agencies' rulemaking regarding federal flood insurance regulations Introduction‌ ‌ Many‌ ‌loan‌ ‌servicers‌ ‌have‌ ‌spent‌ ...
Jim Gilpin
By Jim Gilpin
on December 15, 2021
Updated September 8, 2022 Introduction Force-Placed Flood Insurance is regulated by the Joint Regulatory Agencies. The Joint Agencies consist of the FDIC, Federal Reserve, OCC, NCUA, and FCA. These ...
Jim Gilpin
By Jim Gilpin
on June 22, 2020
Introduction This blog post will be the 6th and final post for this series on Challenging the Force-Placed Insurance (FPI) Business Model. We have covered the early history of FPI, discussed how ...
Jim Gilpin
By Jim Gilpin
on February 11, 2020
Introduction In part 3, we discussed how money center banks created a force-placed insurance fee income source using captive insurance companies owned by the lenders. In this segment, we will discuss ...