Thousands of Florida mortgages could be at risk because of insurance abuse

Thousands of Florida Mortgages Could Be At Risk Because of Insurance Abuse.. The decision could put the mortgages of thousands of homeowners in jeopardy because mortgages backed by Fannie Mae and Freddie Mac require property insurance to be A-rated or the policies could be in default. Read Full Article.

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First Florida Bill Addressing AOB Introduced for 2017 Session – Florida now has legislation backed by the top Florida insurance regulator and the industry that promises to curtail homeowners insurance abuse under the. Case Could Alter Fate of Thousands of.

Thousands of homeowners are going without insurance on their properties. nbc 6 responds looks at the risk these uninsured homeowners could face.. But when that mortgage is satisfied, thousands of people in Florida are deciding. delsy worries about what they'll do because their home is uninsured.

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The decision, which takes effect in March, could put mortgages of thousands of homeowners in jeopardy because those backed by Fannie Mae and Freddie Mac require property insurance to be A-rated.

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