Bankers Insurance Service - Mortgage Bankers Bond
​​​​​​Mortgage Bankers Bond
Downloadable Forms and Applications
Application [PDF]
Fact Sheet [PDF]
Mortgage Banker/Broker Insurance Needs [PDF]
Bankers Insurance Service Product Guide [PDF]
Who to Contact

Tom Delaney
P: (312) 381-3722

Sam Ackerman
Chief Underwriting Officer
P: (312) 381-3770
Product Details
MBA-endorsed bond combining mortgage investor-required mortgagee's E&O and fidelity, plus crime coverages, into one comprehensive policy written specifically for mortgage bankers.

Available Features Include:

  • Fidelity coverage for loss from employee dishonesty as well as from any closing agent; can also cover third party originators and/or servicing contractors

  • Coverage for theft of mortgage investor's money or collateral as required by Fannie Mae, Freddie Mac or Ginnie Mae, satisfying industry standards and most mortgage investors' requirements

  • Mortgagee's E&O coverage for your mortgage interest as well as your liability to mortgage investors and to mortgagors when losses occur due to specified errors and omissions, such as failure to determine if property is in a flood zone, arrange for insurance or pay real estate taxes

  • Crime coverage for loss of property including real estate documents on premises or in-transit, check forgery, and electronic or computer crime

  • Optional coverage for forged documents and for fraudulent borrower misrepresentations on certain loan documents

    If you would like additional information, please fill out this short form.

a division of Financial & Professional Risk Solutions, Inc.TX Lic# 15890 In California: FPR Insurance Solutions, Inc. (License No.: 0G83953)