Seller/Servicer Memorandum 23-04
Date: February 2, 2023
From: Jan Miyagishima
Director, Mortgage Operations
SELLING GUIDE REVISIONS: CONTACT UNDERWRITING
(Anchorage Only: 907-330-8400/ Outside Anchorage: 888-854-3884)
Insurance requirement
(Section 1003.09)
The required coverage amount on H-06 policies has been updated to no less than 20% of the unpaid principal balance.