As lenders find out about the expanding use of Blanket Insurance to protect loan collateral, some questions come to mind.
When speaking with lenders regarding Blanket Insurance, nearly every one of them asks me, “How do regulators view blanket insurance policies?"
How is premium calculated on Blanket VSI? How is premium calculated on Blanket Mortgage Insurance? What are the high costs of tracking? Answers are...
With challenges coming off on new year, having the proper coverage on your mortgage, auto and equipment portfolios doesn’t need to be another...
During 2019, several insurance tracking vendors have canceled their relationships with numerous lenders throughout the country.
It is very common for community lenders to acknowledge the shortcomings of insurance tracking and force placing CPI coverage on borrowers.