GAO Reports – Lender-Placed Insurance, Reducing freshwater use in hydraulic fracturing
Lender-Placed Insurance: More Robust Data Could Improve Oversight, GAO-15-631: Published: Sep 8, 2015. Publicly Released: Sep 8, 2015: “Mortgage servicers use LPI to protect the collateral on mortgages when borrower-purchased homeowners or flood insurance coverage lapses. The 2007-2009 financial crisis resulted in an increased prevalence of LPI. Because LPI premiums are generally higher than those …