---
title: "Case Study: Correspondent Avoids $110K Indemnification"
description: See how Loanpal®, a national mortgage bank, successfully mitigated a $110K indemnification on a defaulted loan thanks to Plaza’s Certified Loan Program.
---

[News + Updates | Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates)

# [Case Study: Correspondent Avoids $110K Indemnification](https://news.plazahomemortgage.com/newsupdates/loanpal-certifiedloanprogram)

 Written by [Plaza Correspondent](https://news.plazahomemortgage.com/newsupdates/author/plaza-correspondent) | May 1, 2020, 4:24:48 PM

See how Loanpal®, a national mortgage bank, successfully mitigated a $110K indemnification on a defaulted loan thanks to Plaza’s Certified Loan Program. The majority of the loss, over $87,000, was covered by the Certified Loan Program – with no upfront fee.

[Download Case Study](https://info.plazahomemortgage.com/loanpal-case-study)

[View full post](https://news.plazahomemortgage.com/newsupdates/loanpal-certifiedloanprogram)

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