Mortgage Insurance News and Trends

Follow mortgage insurance news and trends

By Linda C. Ray
Private mortgage insurance falls under strict regulations that can change with the political climate and consumer economic considerations. Changes in legal requirements often affect mortgage protection insurance and are important areas to follow for you and your clients.

Mortgage insurance quotes vary for commercial and home mortgage insurance and you need to stay on top of the trends that affect each differently. Whether you sell mortgage insurance or need to purchase protection for your assets, you should take time to follow the news and trends that drive the rates and the newest products that are being offered. Use a variety of sources to follow mortgage insurance news and trends so that you can work with the complete picture.

1. Read mortgage insurance premium articles to keep up with available options.

2. Check with your reliable sources daily for news that will affect mortgage insurance companies.

3. Use the contacts from trade groups for additional PMI news.

 

Stay ahead of the mortgage life insurance trends

Be prepared to offer clients all the options that are available for their protection, including mortgage life insurance and private mortgage insurance (PMI). Keep your office updated with the latest mortgage insurance calculator software to best serve your clients.
Try: Check out the commercial risk and casualty mortgage insurance news as well as other risk products by subscribing to the Insurance Journal. Keep up with the latest national news and trends that are driving the industry and the current headlines at Nation's Building News.

Find the best sources of news that covers mortgage insurance companies

It's important to find a good resource that follows both the governmental regulations and the trends in mergers within the industry as well as consumer facts and issues. Once you do so, you should check it daily to make sure you don't miss any important announcements.
Try: Realty Times is a good source to follow trends within the industry that go beyond the headlines. Insurance News Net will keep you in the loop with regulatory and other important headlines. You can sign up online for a free email alert to breaking news.

Join groups to network with other mortgage protection insurance companies

Trade groups are great places to hear about the latest mortgage insurance developments even before they hit the press. Build relationships that will lead to referrals for your insurance company and meet with other Realtors and developers in the field who can keep you updated with industry trends.
Try: The Mortgage Insurance Companies of America provides the latest news and industry updates so you can stay on top of the activity. You should also look into joining your local mortgage brokers group, such as the California Association of Mortgage Brokers, to find new networking opportunities.

 

  • As part of your news gathering effort, check the websites of competing mortgage life insurance companies to find out what kinds of services they are offering and which products they're selling.

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