We now offer a downloadable PDF file that you can fill-in online; save to your hard-drive and email to us as an attachment.
Errors & Omissions
Mortgage Brokers and Bankers
Legal Defense Coverage
Included
Exclusive to Oxley & Goldburn Insurance Inc.
Apply directly here online or have your Insurance Agent contact us.
We offer an exclusive Errors & Omissions Insurance policy
with comprehensive coverage and competitive prices. Accepted by Fannie Mae,
Freddie Mac, and warehouse lenders across the nation.
Our policy was specifically designed for the exposures of
Mortgage Brokers & Bankers. The policy wording provides detailed coverage
for professional services such as:
- Originations
- Pooling
- Processing
- Underwriting
- Originations via the Internet
- Loan Repurchasing Warehousing
|
- Loan Valuation & Due Diligence
- Escrowing
- Loan Reselling
- Loan Servicing
|
Other Features:
- Defense coverage for fee disputes
- Defective title or deeds
- Coverage for independent Contractors or leased employees
Optional Features Included:
- Loss Payee Endorsement - enables you to add your warehouse,
lender or investor
- Coverage for mortgage interest as well as your liability to
mortgage investors when claims occur due to flood zone determination, tax
payments and and uninsured property losses
- Coverage of Directors and Officers, Employment Practices,
Liability, Entity Liability, and Fiduciary Liability.
