Transferring collateral risk cost-effectively from consumer loan portfolios involves completely different techniques than those used with real estate portfolios. Alternative approaches are required because of the low frequency of loss historically observed in the HELOC Portfolios versus the extremely high frequency of loss seen in the Vehicle Portfolios. In addition, the vehicle portfolio loss profile has exhibited palpable changes in the last 15 years, which has dramatically altered the preferred methods of transferring vehicle collateral risk. This change in risk profile has lead the re-emergence of Vendor Single Interest (blanket) insurance. For more information, please download our White Paper titled “The Changing Landscape of Vehicle Portfolio Insurance.”
Miniter has collected consumer loan data on tens of millions of loans over the last 21 years. This data guides both Miniter and our insurance carriers as we design consumer loan portfolio programs for both today and into the future.
Miniter will use this data to demonstrate the most cost-effective risk transfer solutions using blanket insurance to transfer your HELOC collateral risk. In addition, we will show you how to use blanket insurance products to reduce your net charge-offs and improve your vehicle portfolio yield.