Miniter Blog
Miniter Group’s blog posts discuss collateral risk transfer for our lender’s portfolios. These blog posts provide insight and challenge the status quo of all that we do at Miniter Group. We look to improve our lenders’ and borrowers’ experiences every day. These blogs will highlight these improvements.

The History of Insurance Tracking Compliance
This blog post provides an informative review of the history of insurance tracking compliance that was recently examined in Miniter’s webinar “RESPA Compliance Insurance Tracking Since Dodd-Frank” this February.
Quarter One Newsletter
In Miniter Group’s Q1 Newsletter issue of 2021, we will be discussing our upcoming webinar on RESPA Compliance Insurance Tracking since Dodd-Frank, employee spotlights, tracking technology updates, and why lenders should outsource mortgage insurance tracking.
Quarter Four Newsletter
In our inaugural fourth quarter issue, we will be discussing COVID-19 and how it had impacted insuring our lenders’ portfolios and our insurance tracking operations. We look forward to publishing informative quarterly newsletters moving forward.
Miniter Headquarters Virtual Tour
Here at Miniter Group we believe it is important for clients to experience the culture of our company through a tour of the headquarters.
Part 6: Challenging the Force-Placed Insurance Business Model: Break-Even Analysis
This blog post will be the 6th and final post for this series on Challenging the Force-Placed Insurance (FPI) Business Model.
Flood Insurance COVID-19
This memo serves to update Miniter’s position regarding our COVID-19 insurance tracking based on new guidance available from the April 27, 2020 OCC update, the Federal Reserve Q&A published May 6, 2020, and the May 7, 2019 FDIC Q&A (updated).
Part 5: Challenging the Force-Placed Insurance Business Model: Flood Insurance
The history of Force-Placed Insurance would not be complete without including the force-placed flood insurance turmoil that occurred after the 2012 passage of the Biggert-Waters Act.
Part 4: Challenging the Force-Placed Insurance Business Model – The Regulatory Clean Up
In part 3, we discussed how money center banks created a force-placed insurance fee income source using captive insurance companies owned by the lenders. In this segment, we will discuss how regulators and class-action attorneys put force-placed insurance back on course.
Part 3 – Challenging the Force-Placed Insurance Business Model: Pre-Dodd-Frank Fee Income
To understand why the words “force-placed insurance” appear in the Dodd-Frank Law 331 times, we have to look back on how the money-center banks got involved in the force-placed insurance premium money train.
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Part 2 – Challenging the Force-Placed Insurance Business Model: Early History
Part II in the blog series “Challenging The Force-Placed Insurance Business Model: Early History”. This post will discuss the early history going back to when insurance trackers received overnight packages containing X-checking data files. We discuss the history up to the passage of the Dodd-Frank Act.
Part I – Let’s Challenge the Force-Placed Insurance Business Model
This blog post starts Miniter Group’s blog series that will challenge the Force-Placed Insurance business model. The History of Force-Placed Insurance including the fee income era, Dodd-Frank reform, on-going compliance issues, and a new proposed business model will be covered in this series.
Miniter Group’s Complete Guide to VSI Insurance
Take a deep dive into VSI insurance from the eyes of a 20 year veteran who has underwritten VSI for some of the largest indirect vehicle lenders in the country. Vender Single Interest Insurance history, how it works, proper underwriting and benefits to the lender will be covered in great detail. Are you considering VSI Insurance? If so, this is a must read!
Miniter Group’s Complete Guide to Mortgage Impairment Insurance
Mortgage Impairment Insurance is a critical component of a lender’s collateral risk transfer strategy. Mortgage Impairment not only covers uninsured physical damage, but it provides errors & omissions coverage for loan servicing that is required by secondary markets. This guide will provide the insight that a lender needs to understand mortgage impairment insurance.
Miniter Group’s Complete Guide to Force-Placed Insurance
This guide provides the lender with a detailed overview of Force-Placed Insurance. Discussions include features & benefits, history of force-placed insurance, the lender-placed insurance policy, issues with the current force-placed insurance business model and the new Borrower-Centric insurance tracking module along with compliance and vendor management. This is a must-read for any lender using force-placed insurance.
Borrower-Centric Mortgage Insurance Tracking
Miniter Group’s Borrower-Centric Insurance Tracking Service defines a new business model for the delivery of force-placed insurance. Under our Borrower-Centric methodology, our insurance tracking is aligned with your goal of providing the best possible borrower experience.
9 Steps to CFPB Compliance for Lender-Placed Insurance
After extensive study of these rules, this white paper will define 9 steps that servicers need to implement to comply with Regulation X (RESPA) concerning lender-placed insurance.
The Loan Agreement and Force-Placing Flood Insurance
The purpose of this article is to outline force-placed flood insurance procedures and identify key information within and related to the Final Rule. Additionally, this white paper shares Miniter Group’s insight into force-placed flood insurance that we have gained through our experience in insurance tracking.
The Challenges of Commercial Real Estate Insurance Tracking
The purpose of this article is to outline force-placed flood insurance procedures and identify key information within and related to the Final Rule. Additionally, this white paper shares Miniter Group’s insight into force-placed flood insurance that we have gained through our experience in insurance tracking.
Lienholder Claims Processing – What Primary Insurance Doesn’t Want You to Know
Repossessions are a part of doing business for a vehicle lender. In a good economy, these credit losses can be below 20 basis points (bps), in bad economies, we have seen these credit losses exceed 200 bps. A repossessed vehicle with physical damage compounds these losses.
An Insider’s View to GAP Claims Payments
Two of the largest indirect lenders in the country have run A/B testing between their loan servicing GAP claims processors versus Miniter Group’s GAP claims experts. In both cases, Miinter Group’s GAP claims experts exceeded the recovery targets defined in these tests.
A Detailed Review of VSI Insurance vs CPI Insurance
This article provides a brief explanation that compares a Collateral Protection Insurance – CPI Insurance program to a Blanket Vendor Single Interest Insurance Program -VSI Insurance.
Force Placed Flood Insurance – Joint Agency Final Rule
The Joint Agency’s Final Rule is the latest guidance for Force Placed Flood Insurance. This article answers the most common Final Rule question regarding force place flood insurance procedures. In addition to answering frequently asked questions, we share some key insights from our experience as an outsource insurance tracking vendor.
The Five Principles of a Strong Vendor Management Program
A strong vendor management program involves five core principles, which are derived from expectations put forward by the regulators. This white paper will provide guidance on how to form a strong vendor management program that meets regulatory requirements and provides a long-term benefit to the institution.
The Changing Landscape of Vehicle Portfolio Insurance
Prior to 2014, our claims data has shown Vendor Single Interest Insurance’s physical damage losses accounted for 90.5% of collateral losses, while skip losses made up the remaining 9.5%. However, Vendor Single Interest Insurance skip claims payments now represent 53 percent of total VSI Insurance payments up an incredible 550 percent since 2015. If you are experiencing higher than normal skips, this article will provide industry skip tracing data from on of the largest Vendor Single Interest Insurance providers in the country.

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