This Blanket policy eliminates the need to track hazard insurance, send warning letters and force-place hazard coverage after verifying insurance at loan closing.
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Lender-Placed Program Alternative
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Eliminates Hazard Insurance Policy Tracking
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Provides All-Risk Property Coverage
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Coverage Through Foreclosure Process
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REO & Flood Coverage Available
Outsource all the duties associated with opening insurance renewal mail, tracking insurance policies, sending warning letters and force-placing coverage.
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Third-Party Insurance Tracking
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Notifications Handled By Third-Party
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Force-Placed Insurance Placed When Needed
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Transfers Risk of Non-Compliance
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Access to Real-Time Online System
Gain access to a user-friendly system which generates CFPB compliance warning letters and allows lenders to easily add, cancel and edit coverage when necessary.
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Add, Edit or Cancel Coverage Online
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Automated Warning Letter Cycle
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Hazard, Flood and REO Coverage
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Customizable Deductibles & Limits
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Simplified Monthly or Annual Billing
Blanket Mortgage
An alternative to lender-placed programs, offering workflow efficiencies by removing the need to track hazard insurance, send notification letters, and implement force-placed coverage.
Blanket VSI
A streamlined alternative to traditional CPI insurance programs, which eliminates insurance tracking, notification letters, and force-placed CPI coverage.
Blanket Equipment
Eliminates the need to track insurance on equipment used as collateral on commercial loans, offering servicing efficiencies and reduces friction with borrowers over insurance coverage.