|
Lenders Financial Insurance Services
provides specialized insurance programs to
financial institutions (commercial banks,
savings banks, mortgage companies, mortgage brokers,
credit unions, and real estate investors). These
programs are used by financial institutions
to: 1) protect their loan collateral, 2)
insure against operational liability, and 3) improve
fee income.
We partner
with our financial institution clients, with the
understanding that our objectives come only through
achievement of their objectives. Together, we
work with our clients to maximize the effectiveness
and purpose of their
insurance programs, whether it be improving
coverage, lowering costs, or increasing fee income.
This is achieved by use of both
traditional and/or innovative insurance solutions.
As a specialist, Lenders
Financial can discuss a multitude of ideas,
solutions, and alternatives, some of which a
financial institution might not be aware. Technology is
changing, and new ways of doing business are
constantly being introduced to the marketplace.
|
Auto Industry Projects 190K
New Jobs, Most To Be in Michigan
Detroit News-
The
rebounding auto industry will need to add about
190,000 jobs by 2015, analysts projected at a
Tuesday conference. Most of the employees will be
in the parts sector, said experts from the Center
for Automotive Research in Ann Arbor, and the
majority will be employed in Michigan.
Repossessed Homes
in Michigan Hit Lowest Mark since 2008
Up North Live
-
The housing market isn't going to
bounce back overnight from the rock-bottom it hit in
2009, but those who lend and sell homes are seeing
positive signs.
What New Jumbo Mortgage Rules
Mean for Expensive Zip Codes
Yahoo Finance
-
On Oct. 1, the size of mortgages
eligible for purchase by Fannie Mae and Freddie Mac
will shrink. That isn't necessarily a big deal in
most parts of the country. In some pricey
places, the new limits will really pinch borrowers.
Phoenix, The Epicenter of
Housing Crisis
In metropolitan
Phoenix, two-thirds of all residential mortgages
are underwater. Of these, some 200,000 are 50%
larger than the current market value of the
properties. Many homeowners have come to doubt
whether they'll ever retrieve their lost equity.
Remapping of Flood
Plains Costly for Some Homeowners
Philadelphia Inquirer -
For
the last eight years, FEMA has been remaking its
aging flood-map stock, playing catch-up with changes
along waterways wrought by development, storm
patterns, and natural processes.
|
