DIMONT Releases White Paper Offering Advice for Servicers, Investors on Collateral Loss Mitigation for FHA Loans

– Delivers tips on hazard insurance claims and investor claims processes in order to ensure lowest risk of loss for servicers and investors – DALLAS, July 6, 2016 – DIMONT, a provider of specialty insurance and collateral loss mitigation solutions to the residential and commercial financial services industries, announced that it now offers a free … Read more

DIMONT Debuts New White Glove Onboarding Process

– Company’s use of data analytics, internal team structures further assist clients with their specific needs – DALLAS, June 21, 2016 – DIMONT, the largest provider of specialty insurance and collateral loss mitigation solutions to the residential and commercial financial services industries, announced that it now offers more comprehensive “high touch” onboarding processes to clients, … Read more

THE USE OF DATA ANALYTICS HELPS INVESTOR AND SERVICER CLIENTS MEASURE RISK AND REWARD

In a recent press release, we mentioned utilizing data analytics to help investor and servicer clients better measure risks and rewards of investing in loans with commercial and residential real estate properties as collateral. We are taking that process to the next level of tech-forward thinking by partnering with Relus Technologies. Working with Relus to … Read more

Going Deeper: Insurance Compliance Q&A

By Tom Stover, SVP Solutions Development In a recent white paper we published, our compliance experts provided a rationale for engaging a third party vendor that specializes in insurance claims management to help servicers overcome the compliance risks our industry faces today. We covered claims for pre-foreclosure and REO property hazard insurance, flood insurance, auto … Read more

DIMONT Success Leads to Executive Promotions and Strategic Hires

DALLAS, June 7, 2016 – DIMONT, the largest provider of specialty insurance and loan administration solutions to the residential and commercial financial services industries, today announced the addition of Gary Barrett, Aubrey Bronson, Jodi Moehring, Denesha Luke, Vivian Hughes and Dwight Kline to the company, as well as promotions for long-term executives Fran Weichsel, Tom … Read more

Compliance and Auto Insurance Claims

By Teresa Urban Our previous blog discussed the responsibility financial services companies have to manage every aspect of their compliance burden as effectively as they manage any other risk to their enterprise. Another area that should not be ignored in this respect is compliance as it relates to the processing of automotive insurance claims. This … Read more

Three Ways Servicers Can Ensure Compliance While Filing Hazard Insurance Claims

By Tom Stover The processing of hazard insurance claims is not often the main focus of service expertise within mortgage servicers, as it is usually outsourced to specialty insurance providers. These providers are subject to state regulations, with each state free to determine hazard insurance compliance requirements as it sees fit. Because of this, processes … Read more

Outstanding Service Starts in Human Resources

By Connie Baringer, Sr. Talent Acquisition Manager Servicers are constantly under pressure to select the highest quality insurance service providers. But how can you tell which companies surpass the others in their level of service? With more sophisticated candidates than in years past, it is important to ensure that the insurance service provider you choose … Read more