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• insurance placed on a home or property by a lender to protect their interest in the collateral which secures the loan.

  Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program - Cite This Source - This Definition
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  Cite Definition for Lender-Placed Insurance

  American Psychological Association (APA)

  Lender-Placed Insurance. (n.d.). Making Home Affordable Glossary. Retrieved May 28, 2023, from website: http://www.expertglossary.com/definition/lender-placed-insurance.

  Chicago Manual of Style (CMS)

  Lender-Placed Insurance. www.makinghomeaffordable.gov. Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. http://www.expertglossary.com/definition/lender-placed-insurance (accessed: May 28, 2023).

  Modern Language Association (MLA)

  "Lender-Placed Insurance." Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. 28 May. 2023 http://www.expertglossary.com/definition/lender-placed-insurance.

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