As lenders find out about the expanding use of Blanket Insurance to protect loan collateral, some questions come to mind.
How is premium calculated on Blanket VSI? How is premium calculated on Blanket Mortgage Insurance? What are the high costs of tracking? Answers are...
It is very common for community lenders to acknowledge the shortcomings of insurance tracking and force placing CPI coverage on borrowers.
Why is it that simple change can be so difficult to embrace? Is it often difficult for a community lender to let go of these old-school processes?
Now that blanket protection or VSI is available, many lenders are trying to choose between CPI and VSI. Is your institution ready to simplify loan...
As lenders continue to grow, many times without adding staff, there has to be a higher level of efficiency for that formula to work.