Introduction to Mortgage Servicing Training - March 2024

Internal Use Only

Policy Review

Best Practice – a Company reviews all its policies & procedures annually.

Review can be scheduled into the corporate calendar.

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Poll Question: A servicer’s Private Mortgage Insurance (PMI) policy complies with the Homeowners Protection Act if termination of this coverage automatically occurs when the principal balance of the mortgage has been paid down to what percentage of the original value of the home?

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