NORWELL, MA (PRWEB) November 28, 2012
Miniter Group today announces that it has seen rapid growth as banks and credit unions embrace their Borrower-Centric Insurance Tracking Solutions. Since the introduction of their Borrower-Centric approach in 2006, Miniter Group has grown 89% year over year for the last 5 years.
According to Julianne Donley, President & CEO of Miniter Group:
"Miniter has been refining our force-placed insurance offering since we launched our Borrower-Centric Insurance Tracking Solution in 2006. Miniter's success with its 126 lenders proves the viability of our borrower-centric insurance tracking model"
For smaller lenders considering outsourcing their insurance tracking, the Miniter Borrower-Centric Approach to outsource insurance tracking has completely changed the traditional value proposition associated with small lender outsource insurance tracking. Our insurance tracking systems were updated in October 2012 to comply with all of the new force-placed insurance requirements defined in Regulation X (RESPA).
Miniter Group is a leading provider of collateral risk transfer solutions to the lending industry. Miniter Group provides blanket and lender placed insurance solutions to over 550 lenders in 45 states. Their in-house software development created their Borrower-Centric Insurance Tracking System in 2006. Miniter’s solutions include Vendor Single Interest Insurance, Lender Placed Insurance, Collateral Protection Insurance and Mortgage Impairment Insurance.
We invite you to call us at 1-800-MINITER or visit us on the web at http://www.miniter.com.