Comprehensive risk management and insurance programs
protecting mortgage participants against manufacturing defects.
Securent provides comprehensive risk management solutions, including Loan Defect Insurance (LDI), Mortgage Application Fraud Insurance, RMBS Pool Defect Insurance, and MSR Loan Defect Insurance policies that protect mortgage lenders, investors, RMBS issuers, warehouse lenders, and other mortgage market participants from liabilities and losses associated with errors, omissions, or fraud introduced in the manufacturing process.
What does Securent cover?
The Securent loan insurance program process:
Participants provide samples of the loans to be insured
Loans are run through our proprietary hazard identification and estimated loan diligence model and a receive pricing indication
Securent reviews 100% of the loans based on risk-characteristics for insurance recommendation
Data and review findings are checked for accuracy
Portable loans certificate issued at the appropriate risk-based price
Participant pays policy invoice and premium
Loans insured subject to terms
Claims submitted as needed
Value
Reduce Risk
Mitigates repurchase risk and potential losses in the mortgage manufacturing process by turning unknown contingent liabilities into quantifiable known liabilities, increasing the overall value and desirability of loans / RMBS.
Expedite Timelines
Speed transaction timelines through increased seller and buyer confidence that results in faster purchases, shorter trade commitments, and reduced funding costs.
Scale Your Business
Confidently scale your business through insurance protection that supports the use of the full credit box and minimizes the risk of adding a new channel or riskier products.
Increase Profitability
Build more profitable businesses by eliminating repurchase risk and losses associated with loan defects, increasing the overall value of your loans and investments.
Reduce Risk
Expedite Timelines
Scale Your Business
Increase Profitability
Mitigates repurchase risk and potential losses in the mortgage manufacturing process by turning unknown contingent liabilities into quantifiable known liabilities, increasing the overall value and desirability of loans / RMBS.
Speed transaction timelines through increased seller and buyer confidence that results in faster purchases, shorter trade commitments, and reduced funding costs.
Confidently scale your business through insurance protection that supports the use of the full credit box and minimizes the risk of adding a new channel or riskier products.
Build more profitable businesses by eliminating repurchase risk and losses associated with loan defects, increasing the overall value of your loans and investments.
Why Choose Securent?
Our proprietary SHIELD (Securent Hazard Identification & Estimated Loan Diligence) Model identifies the appropriate level of due diligence on each loan and the insurance required to protect sellers, purchasers and RMBS issuers from origination risk.
Provides sellers, purchasers and RMBS issuers with the flexibility to choose their preferred 3rd-party review firm, as long as the firm has completed Securent’s rigorous review and approval process.
We leverage cutting-edge technology to drive increased efficiency, accuracy, and cost effectiveness in the review process.
Every program is 100% backed by a-rated carriers to ensure every claim is paid.
Because every loan is reviewed and recommended by an approved 3rd party prior to insurance coverage, making a valid claim and getting it reimbursed is simplified.
Securent is backed by VineLight, an industry leader in growth and realizing potential