Securent, a provider of comprehensive risk management and insurance programs for mortgage and mortgage-backed securities (MBS) stakeholders, has launched.
A subsidiary of SitusAMC, Securent’s loan defect insurance protects primary and secondary mortgage participants against risk associated with defects introduced in the loan manufacturing process, including underwriting defects, compliance violations, fraud and misrepresentation, and appraisal errors, while increasing loan value, improving transaction speed, and enabling companies to efficiently scale to meet high borrower demand and
