With guidance from an industry expert, you will gain insight into the pros and cons of policy purchases, when it is advisable to utilize a “Course of Construction” endorsement, or when to procure a true builder’s risk policy. Discussion will focus around the components of hard costs, with detailed explanations about what is “covered property” and permanent vs. temporary works. Significant analysis will be given to the overlooked subject matter of soft costs and the risks of delays in project completion. Throughout the presentation, earn about standard coverage parts, perils and exclusions, when coverage ceases and the transition to permanent insurance.
1. real estate finance 2. mortgage 3.trade association 4. banking
Mortgage Bankers Association MBA is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans.