In order to better protect the mortgage lending community, Bankers Insurance Service pioneered the Mortgage Bankers Bond (MBB), by combining investor and warehouse lender required Fidelity Bond and Mortgagee’s Errors & Omissions (E&O) insurance into the same policy. Developed in concert with our underwriting partner and the Mortgage Bankers Association (MBA), the MBB was launched more than 65 years ago, in 1952.
Since that time, our products have been continually updated and expanded to keep pace with the ever-evolving mortgage lending industry. Bankers Insurance Service, as the leading provider of insurance for mortgage lending operations in the U.S., is the only provider endorsed by the MBA for Fidelity Bond and Mortgagee’s E&O insurance.
Provides protection to mortgage lenders for data breaches of customer information. This coverage insures the legal obligation to comply with breach notification laws in the event of a breach.
Mortgage Bankers Bond (Fidelity Bond and E&O) | Surety Bond | Professional Liability | Cyber Liability | Directors & Officers (D&O) Liability | Mortgage Impairment | Global Portfolio Protection Program | Mortgage Investor Bond | Renewable Energy Loan Coverage
Our goal is to ensure our clients have the investor and warehouse lender required coverages, as well as custom coverage to help protect their interests.