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Bankrate on MSNWhat is a mortgagee clause?The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the ...
PHH Mortgage indicated in a letter that it would no longer accept the policy because his insurance company, "California Casualty Insurance does not meet the required carrier rating guidelines." ...
Karon Warren has 20+ years of experience researching and writing about banking, mortgages, credit cards, savings, and other personal finance topics. Natalia Gdovskaia / Getty Images Increased home ...
An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...
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