Advice For Servicers

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.”

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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

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“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.”

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