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Online Purchase Status: • No recent purchase | | Best's Loss Control reports describe the hazards present in a wide variety of industries and municipal services. Each report includes a description of the industry, on-site inspection checklists to identify exposures and loss controls, and a Hazard Index chart that quantifies the degree of liability in relevant lines of insurance. Report Date: 7/27/2020 1:24:34 PM Report Type: Update Report Description: The Mortgage Companies report helps readers assess the insurance needs of businesses – that are independent from conventional banks – whose principle activity is the origination and/or servicing of mortgage loans. Professional Liability, and Cyber Insurance Liability are the lines of insurance coverage that carry the highest degree of exposure. Special exposures include lending to unqualified buyers, predatory lending practices, and loss or theft of valuable first- and third-party data. Related reports include Accounting Firms, Banks – Commercial, Collection Agencies, and Credit Counseling Firms. |