Lenders can use Lender-Placed REO Insurance, as known as REO Insurance and Real Estate Owned Insurance to protect against damage or loss to properties that the financial institution holds an interest.

Lender-Placed REO Insurance can give financial institutions peace of mind knowing that their Real Estate Owned loan portfolio is protected. Whether the property is currently owned by the lender, foreclosed or in the process of foreclosure, Lender-Placed REO Insurance can give the lender a broad range of coverage.