Pace Harmon Calls on Mortgage Servicers to Consider Pricing Pressures In New “Optimizing Force-Placed Insurance” Report

VIENNA, Va., March 27, 2013 – As a result of regulators’ recent focus on lender placed insurance, Pace Harmon, a leading outsourcing advisory firm, has released a report detailing strategies that mortgage servicers can employ to best position themselves in this new environment. Commissions and non value-added services are under intense scrutiny by Congress, federal and state regulators, and public interest groups, and mortgage servicers should proactively deal with high force-placed insurance premiums now to have better market leverage when their contracts renew.

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