News – Page 4 – DIMONT | Modern Technology. Nostalgic Service.

Improving Efficiencies By Combining Hazard And Investor Claims Processes

July 14, 2017July 4, 2017 by Admin

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

DIMONT Promotes Tom Stover to Chief Solutions Officer

June 5, 2017 by Admin

DALLAS, June 5, 2017 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries, today announced that Tom Stover has been promoted to chief solutions officer. With over 25 years of experience in the financial services industry and seven years of experience in various roles within … Read more

DIMONT Adds Auto Finance Industry Veteran Mark Floyd as Board Member

May 23, 2017May 22, 2017 by Admin

DALLAS, May 22, 2017 – 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 Mark Floyd has joined the firm as a board member, with a special focus on the automotive finance industry. Floyd is a seasoned auto … Read more

DIMONT Expands Collateral Loss Mitigation Department

April 26, 2017April 25, 2017 by Admin

DALLAS, April 25, 2017 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries, today announced a significant expansion of its collateral loss mitigation department. Encompassing all of DIMONT’s services including hazard claims adjustment, investor claims management, flood insurance valuation and loss draft management, the collateral … Read more

DIMONT Expands Auto Insurance Claims Division

April 12, 2017 by Admin

DALLAS, April 12, 2017 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries, today announced the strategic expansion of its auto insurance claims division. With 21 years of claims experience in the mortgage industry, DIMONT has leveraged that knowledge in its auto division and is … Read more

How Servicers Can View Insurance Claims As A Win-Win

March 22, 2017March 20, 2017 by Admin

Defaults on FHA-backed loans are anticipated to increase over the next several years, resulting in an increase in the number of properties that are sitting vacant. This means that maintenance costs for servicers and their third-party partners will only continue to rise. In this article, Denis Brosnan, president and chief executive officer of Dallas-based DIMONT, discusses the … Read more

DIMONT to Provide Networking Events at MBA Servicing Conference

February 9, 2017 by Admin

DALLAS, Feb. 7, 2017 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries, today announced that it is co-sponsoring the Mortgage Collective event, Center Stage, as well as hosting a meeting space at the Mortgage Bankers Association’s National Mortgage Servicing Conference and Expo Feb. 14 … Read more

DIMONT Receives International Coaching Federation of North Texas Prism Award

November 15, 2016November 14, 2016 by Admin

DALLAS, Nov. 15, 2016 – DIMONT, the largest provider of specialty insurance and loan administration services to the residential mortgage and auto loan industries, announced that the company was first runner up for the prestigious Prism Award given by the International Coaching Federation of North Texas. This award honors organizations that have demonstrated professional coaching … Read more

DIMONT to Co-Sponsor Networking Event at MBA Annual

October 18, 2016October 17, 2016 by Admin

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

DIMONT Automates Processing of Insurance Claims on Repossessed Vehicles for Auto Lenders

October 4, 2016 by Admin

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