Lender-Placed Insurance and Changing Industry Practices

November 20, 2014 4:30pm

Matthew T. Martens

Wilmer Cutler Pickering Hale and Dorr LLP

James Milano
Member
Weiner Brodsky Kider PC

Elizabeth McKeen
Managing Partner
O'Melveny & Myers LLP

Holly Pierson
Owner, Managing Partner
Pierson Law LLC

• How has the servicing industry responded to new forced-place insurance requirements thus far?
• What the new LPI paradigm means
• What action have we seen from the CFBP in enforcing these new regulations thus far?
• What action do we anticipate from the CFPB and how to best prepare
• Balancing enforcement concerns vs. litigation concerns in making the decision to issue forced-place insurance