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DIMONT Releases Loss Draft Management White Paper for Mortgage Servicing Industry

September 17, 2018

DALLAS--(BUSINESS WIRE)--Sep 17, 2018--DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, announced it is releasing its Loss Draft Management: A Better Way white paper, which is free for download via the company’s website.

The white paper discusses the specific challenges servicers face when attempting to manage funds from borrower-filed hazard insurance claims and reviews options that help to simplify, speed up, reduce costs and automate this process. Among the options reviewed are the use of a Loss Draft Web Portal to enhance communication between servicers and borrowers, ability to share digital documents through the portal, benefits of real-time visibility of loss draft status and enabling a servicer to be seen as a helpful partner rather than a source of frustration among borrowers during disaster recovery.

“DIMONT’s white paper addresses one of the major issues faced by servicers who want to cost-effectively deal with the way they manage their loss drafts processes,” said Denis Brosnan, CEO and president of DIMONT.

The white paper can be downloaded at dimont.com/solutions/loss-drafts/.

About DIMONT

Founded in 1996, Dallas-based DIMONT is one of the largest providers of insurance claims and collateral loss mitigation services to the residential mortgage and auto lending industries in the United States. Additional information is available at www.dimont.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180917005050/en/

CONTACT: For DIMONT

Chuck Meyers, 678-781-7204

chuck@williammills.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: AUTOMOTIVE PROFESSIONAL SERVICES INSURANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE GENERAL AUTOMOTIVE

SOURCE: DIMONT

Copyright Business Wire 2018.

PUB: 09/17/2018 09:00 AM/DISC: 09/17/2018 09:01 AM

http://www.businesswire.com/news/home/20180917005050/en

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