force-placed insurance

(2) Force-placed insurance defined For purposes of this subsection and subsections (l) and (m), the term “force-placed insurance” means hazard insurance coverage obtained by a servicer of a federally related mortgage when the borrower has failed to maintain or renew hazard insurance on such property as required of the borrower under the terms of the mortgage.


12 USC § 2605(k)(2)

Scoping language

For purposes of this subsection
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