When it comes to risk managing real estate portfolios there are many insurance programs available to lenders with a broad spectrum of coverage, limits and cost. Understanding that every institution is different, we consult and customize coverage for our clients based on their portfolio composition, lending...
Our Protequity program, backed by Nationwide, allows Lenders to increase loan-to-value for equity and second mortgages, while being protected from loss due to borrower default. Eligible Loans include; Closed End Equity Loans, Open End Home Equity lines of credit, Purchase Money Seconds (Piggyback Loans) and Home...
With regulations tightening around Real Estate servicing and force placed (hazard & flood) insurance Lee & Mason is having great success with our Outsource Insurance Tracking program. Many of our clients are looking to streamline their loan servicing operation by fully outsourcing their insurance tracking...
Lee & Mason is pleased to announce its recent hire of Eric Reile, who joined the company as a Regional Vice President for the New York market. A Central New York native, Eric graduated with honors from Hamilton College in 2008 with a degree in Math and Economics. Eric...
Vendors Single Interest or VSI Lenders Single Interest or LSI Blanket Lenders Single Interest or BLSI These are all names for the same simple insurance, that protects an auto lending institution against Uninsured Damage or Theft to the vehicle collateral. Plus protection against Skip by the borrower. We...
Lee & Mason is pleased to announce its recent hire of Jay Feeley, who has joined the company as a Vice President for the New York market. A Maryland native, Jay graduated from The University of Maryland in 2007 as an ACC Honor Roll Student Athlete...
Risk Management services hotline now available for Lee & Mason insurance agent/broker professional liability insureds Hotline can help resolve issues before they become claims NEW YORK – In this volatile litigation environment, it seems that any type of error or omission by an insurance agent or broker...
Mortgage Impairment Protection/Errors and Omissions NEW YORK--(BUSINESS WIRE)--Lee & Mason Financial Services, Inc., provider of one of the most comprehensive programs for Insurance Agents Errors and Omissions in the marketplace, recently increased their E & O limits from $5 million to $10 million. “The additional limits demonstrate...
Lender-placed Market We want to alert you to the announcement on Monday the 22nd from American Modern Home. The full press release can be found here but in short they have elected to exit the lender-placed market over the next 15 to 24 months. While Lee...