DIMONT, a provider of specialty insurance and loan administration solutions to the residential and commercial financial services industries, announced that it now offers a free white paper, “Compliance Doesn’t Have to be a Burden for Servicers When Processing Hazard, Flood and Auto Insurance Claims.”
Due to ever-changing federal regulations, servicing companies are responsible for not only the compliance of its staff, but also of every third party vendor it hires. This white paper addresses ways to reduce the compliance burden for servicers, specifically as it relates to the processing of hazard, flood and auto insurance claims.
Click here to download “Compliance Doesn’t Have to be a Burden for Servicers When Processing Hazard, Flood and Auto Insurance Claims”: http://info.dimont.com/compliance-doesnt-have-to-be-a-burden-for-servicers-when-processing-hazard-flood-and-auto-insurance-claims
“There are many different types of loan servicers, responsible for various insurance claim processes. Each one has its own set of regulations, which complicates the compliance aspect”, said Perry Canet, operations manager at DIMONT. “Dimont developed this white paper because it is important that loan servicers understand the nuances of coping with hazard, flood and auto insurance compliance. It is vital that loan servicers have the ability to utilize every tool at their disposal to ensure the proper handling of claims.”
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at firstname.lastname@example.org.