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Note: The following Mortgagee Clause must appear on your insurance policy. If it’s not there, contact your insurer and let them know. Nationstar Mortgage LLC. Its Successors and/or Assigns. PO Box 7729. Springfield, OH 45501. What, when, and how to send updates if your insurance policy changes.
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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 insurance of $80,000 total. Note: There may be exceptions to this ...
Note: The following Mortgagee Clause must appear on your insurance policy. If it’s not there, contact your insurer and let them know. Nationstar Mortgage LLC. Its Successors and/or Assigns. PO Box 7729. Springfield, OH 45501.
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: Nationstar Mortgage LLC.
Mr. Cooper's Broker & Agent Services page includes information on Payoff Quote Request, 3rd Party Authorization, Verification of Mortgage (VOM), and more!
Escrow, Taxes, & Insurance. Manage all insurance & tax details for your mortgage.
Here’s how and where to mail your payment: Write a check or get a money order payable to “Mr. Cooper.”. Include the detachable coupon from the bottom of your latest monthly statement and your check or money order in an envelope addressed to: Mr. Cooper. PO Box 650783.
Mr. Cooper® 1% Mortgage Markdown Terms and Conditions * Mr. Cooper’s Mortgage Markdown is a temporary buydown program that reduces the borrower’s effective interest rate and effective monthly payment for a one year period of time by establishing a custodial escrow account, which will be funded partially by the lender and partially by the ...
An escrow account is where funds are held to pay property tax and insurance bills on your behalf. If your loan is escrowed, a part of your mortgage payment goes into your escrow account every month.