Three Things Mortgage Servicers Should do to Accurately Assess MFIR
By Perry Canet In recent years, major flooding has occurred due to storms like Katrina and Sandy; and, this flooding has caused devastating property damage. Large flood events and legislative changes have added to mortgage servicers’ workload, as they must analyze mortgage portfolios to ensure they meet the Minimum Flood Insurance Requirement (MFIR) on mortgage loans … Read more