DIMONT Receives Auto Recognition, Hires Steve Garcia as Director of Automotive Claims

DIMONT, one of the largest providers of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, today announced that it has been named among the Subprime 175, Auto Finance News’ collection of the industry’s heavy-hitters. In addition, DIMONT has Steve Garcia to its auto department. Steve brings over … Read more

DIMONT Growth Leads to Strategic Promotions and New Hires Within Client Development Team

DIMONT, one of the largest providers of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, today announced the additions of Holly Baya and Anthony Di Staulo, along with the promotion of Dwight Kline, as client development directors, and the promotion of Mark Lehner to assistant vice president … Read more

Getting Ahead of the Curve: Preparing for Increases in Default Rates

As featured in the July/August edition of Non-Prime Times. Every year it seems that sub-prime auto loans are on the rise, and as such, the potential for delinquencies significantly increases. Many deep sub-prime customers are a single life event away (job loss, medical issue) from entering default status. Current data warns of increasing default rates … Read more

Improving Efficiencies By Combining Hazard And Investor Claims Processes

The servicer’s imperative post-foreclosure is to liquidate the property and seek recovery under whatever guaranty may exist for the loan. Given the complexity and inherent risk of these processes, servicers have traditionally engaged expert, third-party providers to assist with hazard insurance claims and investor claims. Historically, different companies have specialized in these discrete claim types, … Read more