The Certified Loan Program from Plaza offers protection from direct loss from a repurchase demand that is tied to fraud or manufacturing defects – even if it’s COVID-related.
Certified Case Study: Network Capital Funding
Posted by
Plaza Correspondent on November 18, 2020
Topics: National Correspondent News, Correspondent Certified Loan Program, Client Case Studies
Case Study: Correspondent Avoids $110K Indemnification
Posted by
Plaza Correspondent on September 10, 2020
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.
Topics: National Correspondent News, Correspondent Certified Loan Program, Client Case Studies