What is the 438BFU endorsement?
What is the 438BFU endorsement? What is a 438 BFU endorsement? The Lender’s Loss Payable Endorsement, ISO 1993 438 BFU NS,[1] provides protection for a lender and is used for mortgage securities involving real estate transactions. What is a mortgagee clause lender loss payable endorsement? Lenders Loss Payable Endorsement — a commercial property policy endorsement