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Paul Sullivan |
Coping With High-Priced Insurance That Lenders Make You BuyArticle |
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| http://www.nytimes.com | FORCE-PLACED insurance. Most homeowners never hear about it until their mortgage lender sends them a letter saying that they must have flood or some other kind of insurance and that if they don’t act quickly, the lender will buy it for them — at a price, it turns out, that is almost always much higher than the market rate. | |
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Coping With High-Priced Insurance That Lenders Make You Buy
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