If there are any changes to your insurance policy or carrier, please let us know as soon as possible by sending us the Declarations Page. Visit www.mycoverageinfo.com/mrcooper and follow the simple instructions to upload your Declarations Page.

Homeowners Insurance Changes for Transferred Accounts. You’ll need to notify your insurance company that your loan was transferred to us and that they’ll receive payments from us now. Give them your new loan number and have them update the mortgagee clause on your account to: Nati...

You’ll need to notify us of any insurance changes and provide the mortgagee clause to your insurance company. If you would like to request removal of your escrow account at a later date, you can learn about escrow removal here.

If your loan was transferred to MrCooper, you need to notify your insurance company and update your mortgagee clause. Learn how to do it and what to do with optional insurance products.

If your loan was transferred to MrCooper, you need to notify your insurance company and update your mortgagee clause. Learn how to do it and what to do with optional insurance products.

If your loan was transferred to MrCooper, you need to notify your insurance company and update your mortgagee clause. Learn how to do it and what to do with optional insurance products.

You’ll need to notify your insurance company that your loan was transferred to us and that they’ll receive payments from us now. Give them your new loan number and have them update the mortgagee clause on your account to: Homeowners Insurance Changes for Transferred Accounts.

You are required to have enough insurance to cover the lower of either the replacement cost of the home or the remaining principal balance on your loan. Example: If your unpaid principal balance (UPB) is $80,000 but the replacement cost is $120,000, you need to carry a minimum insura...

Mortgage insurance protects the investor or noteholder if the borrower defaults on the loan. It lowers the investor’s risk when funding a home loan. In most cases, if you pay at least 20% down on your home, you’re not required to carry mortgage insurance.

First, let’s understand what an escrow account is and why it can be helpful. Basically, having an escrow account is all about convenience. It means that you never have to worry about when property tax and insurance bills are due, because we make the payments for you.