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Home » Store » Taxable » Fannie to Take Over Processing MI Claims

Fannie to Take Over Processing MI Claims

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Taxable

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In a step that some lenders say moves the GSE closer to mortgage servicing, Fannie Mae has announced that it plans to take over filing mortgage insurance claims with four of the seven active MI companies. “We recently examined the time required to service our loans, particularly after a property is acquired at a foreclosure sale. We concluded that servicers are spending an inordinate amount of time and resources processing primary mortgage insurance claims,” Fannie
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