In one sentence
The specialist reviewing the borrower's insurance for compliance with loan requirements.
The longer version
Insurance review is detail-heavy: coverage amounts, deductibles, carrier ratings, and the mortgagee and additional-insured clauses that protect the lender. Consultants or in-house specialists confirm the policies meet the documents.
Insurance is a classic late-failing item when started late, because fixing a non-compliant policy needs the broker and sometimes the carrier.
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