Mortgage Loan Portfolio Protection
Crum & Forster’s Credit Division offers Mortgage Risk, a specialty insurance product designed for financial institutions and mortgage insurers in the U.S. housing market and designated non-U.S. markets.
Insurance coverage protects against the risk of financial loss due to loan default by mortgage borrowers for loans within an institution’s mortgage portfolio. To learn more, contact [email protected].
Contact
Ranjini Pillay
Senior Vice President
[email protected]
Daniel Sussman
President
[email protected]
Services & Solutions
Credit Single Situation
Trade Credit Multibuyer
Significant Risk Transfer (SRT)
Alternative Risk Solutions
Political Risk
Managing Claims
Coverage for Financial Institutions & Mortgage Insurers
A significant portion of U.S. housing mortgage loan origination is sold to Freddie Mac and Fannie Mae, two U.S. government-sponsored entities, and these financial institutions are required by their regulators to buy portfolio-level insurance against loan losses. Through our Crum & Forster Mortgage Risk product, we participate in the insurance of these risks and also provide facultative reinsurance to other mortgage insurers.
Insurable mortgages are most often single-family homes, but can be multi-family properties as well. We focus our coverage capabilities in the U.S., but will consider some selected G7 markets as well. These transactions are usually tranched, and C&F participates on excess layers.
For details, contact [email protected].
Credit & Alternative Risk Solutions
C&F’s Credit Division offers an array of credit insurance and risk finance products for U.S. and international clients. Specialty solutions include Credit Single Situation, Trade Credit Multibuyer, Mortgage Risk, Significant Risk Transfer (SRT), Alternative Risk Solutions and Political Risk Insurance.
Claim Services
Crum & Forster Credit Division manages claims on a case-by-case basis, recognizing the distinct characteristics of the underlying risk and the tailor-made policy wording.