The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...
It is always interesting to listen to the owners of mortgage companies who share their view of Mortgagee's Errors and Omissions, Professional Liability, and Fidelity Bond policies. Many have a ...
Buying your first home is an exciting time, but can also mean you're navigating a world of new jargon. You know you'll apply for a mortgage, but what exactly is a mortgagor versus a mortgagee? Simply ...
The insured’s mortgagee brought an action against the insurer to recover for a fire loss to a vacant building. This case is SWE Homes, LP v. Wellington Ins. Co., 436 S.W.3d 86 (Tex. App. 2014).
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