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How Blanket Insurance Premiums are Calculated

Submitted by Unitas Financial Services on January 15, 2020

Many lenders have heard about how blanket portfolio protection can save them time and money, relieve examiner headaches, and make their operations more efficient with a far more customer-centric approach than tracking and force-placed insurance protection. But how is the premium calculated for various blanket protections? Read on to find out what the main considerations are for each type of collateral. 

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Don't Let Insurance be a Challenge - Unitas Financial Services

Submitted by Tod Hastings on December 20, 2019

The last several years have been a whirlwind of change in the banking world, and this trend will only intensify as we move into a new decade. Technology advances are occurring at breakneck speed making it virtually impossible to keep up with. Who really heard of the terms “data analytics” or “cybersecurity” 10 years ago? Now they’re at the forefront of business planning.  While the challenges to FI’s will be many, insurance on your loans doesn’t need to be.

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Home Equity Lending Growth for Community Lenders

Submitted by Brian J. Ruhe on December 05, 2019

Targeted growth in home equity lending for a community lender can be a daunting task. The “big banks” dominate as they control roughly half of that market. If a community lender isn’t actively marketing home equity loans and lines of credit offerings, they are giving up potential market share to a handful of banking giants. 

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Get Maximum Benefits from your Collateral Protection Partners

Submitted by Unitas Financial Services on November 25, 2019

Linking your in-house or local insurance agent with collateral and loan protection agents can be beneficial.

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Auto Warranty Products Keep Borrowers Whole while Protecting Assets

Submitted by Jim Perry on November 15, 2019

In today’s hyper-competitive auto loan market, lenders face the challenge of which products to provide to their borrowers in order to stand out; one of those products is an auto warranty. As automobile prices increase, so do the cost of repairs. With high automobile prices and high repair costs, even one major repair can cost more than the price of a borrower’s extended warranty.

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Beware of Changes with Tracking Vendors

Submitted by Bill Jones on October 31, 2019


During 2019 several insurance tracking vendors have canceled their relationships with numerous lenders throughout the country. Unfortunately, these vendors in many cases did not give adequate notice or time for the lenders to react and find an alternative. If you have already been forced to make a quick decision or are facing that decision, this blog post covers some options for you.

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