News + Updates | Plaza Home Mortgage

Case Study: Correspondent Avoids $110K Indemnification

Written by 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.

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