In December 2017, we hosted a webinar to review the accounting and tax updates that have taken place in 2017 relevant to the mortgage industry, as well as expected changes to come in 2018. Topics during the webinar included: FASB update on lease accounting, marketable securities, current expected credit loss (CECL), fair value hedge accounting, disaster relief provisions related to 2017 hurricanes and wildfires, and tax reform.
Lender placed insurance, also known as force-placed insurance, comes into play when a...
