Client Specifics
MSP
Core Concepts
Updating
Systems
100

What does the lender require to cancel LPI?

Evidence of Insurance

100

What color is a field I can edit? 

GREEN

100

what is premium? 

the cost of an insurance policy, usually for a one-year term.

100

in which screen MSP do I update an account?

HAZ1

100

What system is QWS3270 Secure

MSP

200

A midterm carrier change requires authorization from the

Borrower

200

In the LSCH screen I can only conduct a search by either...?

Name & Address 

200

which coverage is required in ALL properties with a loan?

FIRE(homeowners) / WIND

200

Which Disbursement code I use to send a payment next business day regular mail 

C

200

Where should I search for a Payee code?

Tracksource

300

What should I always confirm with customer service? 

the password

300

In the RCK1 screen how can I know if a check is bulk or single?

if the check amount is greater than the payment it is bulk, if it is the same as the payment it is single

300

What does the Mortgagee Clause always needs to include? 

ISAOA/ATIMA

300

Where do I update if Guaranteed replacement cost is included and wind?

only on the notes

300

What system do I use to make/take calls

i3 /Interaction Desktop

400

If a borrower received a refund check from his previous insurance where should it be sent to?

The mortgagee Clause

400

How can I filter in the NOTS screen?

with a Y and a N

400

Who determines a property is located in a Mandatory Flood Zone? 

FEMA / Federal Emergency Management Agency 

400

What should I always verify with an Agent or Carrier?

Mortgagee Clause

400

Where should I go to add or remove a bucket?

ILOB

500

If we get a call from the borrowers spouse located in texas and they are not listed on the account how should we proceed

a written request should be submitted by the borrower only. 

500

How can I remove/cancel a F9 payment? 

Type DEL in the

TYP field

500

How many days do we need to wait to charge a customer for LPI?

45 days

500

What dates should I use if a payment is needed overnight/Expedite?

Expiration

500

Where should I go to get a check copy/stop payment/ check trace

stop payment website/sharepoint