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CC_S_205.3 Essential CMF Insurance Considerations
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011232-WC-W
Delivery Options: N/A

Description of Product

This is a commercial/multifamily course.

There are many challenges that servicers face when dealing with commercial/multifamily insurance coverage in mitigating the risk of loss to lenders. In some instances the course of action is clear, but in other instances the insurance professionals may disagree about what is required for adequate protection. Frequent litigation also requires insurance providers to stay abreast of the latest legal decisions and interpretations of coverage requirements or provisions.

Essential CMF Insurance Considerations explores the most pressing insurance issues and offers servicers some potential courses of action, alternatives, methods, or approaches to successful resolution. It begins with a look at force-placed insurance and how it is used in commercial/multifamily lending. Next, the course looks at the strategies that servicers employ to ensure proper insurance coverage is secured on a property, including obtaining proper evidence of coverage and verification of compliance with lender insurance requirements. The course then explores the challenges servicers face with blanket policies, layered policies, and scheduled policies. Next, the course examines the importance of obtaining law and ordinance coverage and some of the potential risks that lenders face if this coverage is not secured. Finally, strategies that servicers employ when handling tenant insurance coverage issues are discussed.


  • Force-Placed Insurance
  • Servicer Insurance Requirements
  • Blanket, Layered, and Scheduled Policies
  • Law and Ordinance Endorsement
  • Tenant Insurance Challenges

    Seat time approximately one (1) hour.

    Copyright 2019.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course.  
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    CC_S_205.3 Essential CMF Insurance Considerations 
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    CC_S_205.1 CMF Insurance Compliance Fundamentals
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    CC_S_205.4 CMF Insurance Compliance Review

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