Pub. 17 2020 Issue 2

10 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S — H E L P I N G N E W M E X I C O R E A L I Z E D R E A M S I n every town and city in New Mexico, community lend- ers play a vital part in the mortgage economy. Their pivotal role has been highlighted yet again in 2020 as they help families and businesses face the unique chal- lenges this year has presented to all Americans. While they exist in every community, no two community lenders are the same. For that reason, no two mortgage portfolios are exactly alike. At Golden Eagle Insurance, we make no secret of the fact that Blanket portfolio solutions are our specialization. But the true value that we can provide to community lenders is our focus on custom-tailored mortgage policies arrived at through a consultative approach. Our goal in every interaction is to use our insurance expertise to find the best possible solution for each lender, even if that solution may not be one that we can provide. For that reason, we want to highlight below a vari- ety of mortgage solutions that community lenders across the country find useful in different circumstances. Blanket Mortgage As stated above, Blanket solutions are Golden Eagle’s spe- cialization. The advantages that Blanket mortgage programs can offer are profound, including eliminating tracking and force-placing, making compliance easier and cutting down on tough interactions with borrowers. Within a Blanket mortgage program, there are many possible points of customization, such as certain coverages, limits and exclusions. Blanket HOW A CUSTOM CONSULTATIVE APPROACH TO MORTGAGE PORTFOLIO SOLUTIONS MAKES ALL THE DIFFERENCE By Allen Moss, VP Regional Business Development, Golden Eagle Insurance