CC_S_205.4 CMF Insurance Compliance Review

Member Price: $49.00

Nonmember Price: $79.00

Product Code: DL2-011233-WC-W

Purchase

This is a commercial/multifamily course.

It is the duty of the servicer to ensure that the borrower is in compliance with the various insurance coverage requirements set forth in the loan documents, servicing agreement, or other applicable documents (such as the particular agency guide or, if applicable, the organization's standards).

CMF Insurance Compliance Review explores the insurance compliance review responsibilities of the servicer. It begins with a look at the typical proof of insurance coverage summary provisions supplied by the borrower and/or its insurance agent. Next, it describes a typical insurance compliance review process that a servicer may follow. Finally, the course explores the processes and procedures followed by a servicer when handling insurance waivers and exceptions.

Topics:

  • Importance of the Insurance Compliance Review
  • Compliance Process
  • Insurance Waivers

    Seat time approximately one (1) hour.

    Copyright 2016.

  • Notes

    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course.

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