Mortgage Risk

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].

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].

This overview is provided for informational purposes only and is not intended to be a representation of coverage that may exist in any particular situation under a policy issued by one of the companies within Crum & Forster. All conditions of coverage, terms and limitations are defined and provided for in the policy.