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NEWS RELEASE DALLAS, Oct. 18, 2016 – DIMONT, a provider of specialty insurance and collateral loss mitigation solutions to the residential and commercial financial services industries, today announced that it is co-sponsoring a networking event with Mortgage Collective at the Mortgage Bankers Association’s Annual Convention and Expo Oct. 23-26 at the Hynes Convention Center in … Read more
In a recent press release, DIMONT announced an enhancement to its proprietary system, Eldorado, in order to process claims on repossessed autos. We want to share with you, some of the reasons it has been well received by auto servicers. The Auto enhancement in Eldorado has been tailored to process claims effectively with an automotive … Read more
NEWS RELEASE DALLAS, October 4, 2016 – DIMONT, the largest provider of specialty insurance and loan administration solutions to the residential and commercial financial services industries, today announced that it has expanded its proprietary claims platform, Eldorado, to include the processing of auto insurance claims on vehicles for auto lenders. Eldorado has been developed and … Read more
In our 20th year of service in the residential mortgage hazard insurance industry, we are excited to have fine-tuned the on-boarding service that lends itself to what we at DIMONT call White Glove Service. With the on-boarding of six new clients within 2016, we have had the opportunity to provide a smooth transition from contract … Read more
DALLAS, Sept. 20, 2016 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential mortgage and auto loan industries, celebrates its 20th year in business by acknowledging several milestones the company achieved in 2016. Noteworthy highlights include: Improved on-boarding processes for clients by assigning them to one of six newly … Read more
What to look for in your auto claims provider When auto lenders think about damage claims to recoup their losses on repossessed, damaged vehicles, they often think about the FTEs who provide a claims service as a part of their daily responsibilities, or the current vendor to whom they outsource. The question is, are these … Read more
New Trivia Game Will Assist Loan Servicers in Assessing Claimable Damage DALLAS, August 23, 2016 – DIMONT, a provider of specialty insurance and collateral loss mitigation solutions to the residential and commercial financial services industries, today announced the release of NAME THAT CLAIM, an interactive new way for clients and industry professionals to test their … Read more
DIMONT developed and launched Name That Claim as an interactive, fun, and innovative new way to test your skills on claimable damage. With this new trivia game, Name That Claim, players can determine claimable damage and estimate the corresponding recoverable damage for various types of peril. Not only is this a fun way to learn … Read more
Insurance claims management is definitely one area in which servicers can benefit from the experience of the right third party partner. We wrote about this in a recent white paper we published where our compliance experts provided a complete rationale for this approach. There are simply too many compliance risks that servicers must overcome, causing … Read more
Filing claims on defaulted loans, whether they are hazard insurance claims on policies on real estate collateral or guaranty claims with federal government agencies for loss coverage on a federally insured loan, has always been important for servicers. This is particularly true for servicers of FHA loans. There are two critical areas in which servicers … Read more