News - page 11
As of April 1st, North Dakota has implemented new restrictions regarding the calculation of single premium credit life insurance. We encourage you to contact us if you have any questions regarding the mathematics of these new methods. Our consulting packages can help dissect the regulations into exactly how it will affect your premiums. We have extensive experience with these methods, and have them programmed in virtually all of our loan quotation solutions. Contact our sales department to find out more information.
In response to recent changes in the insurance and debt protection industries, we’ve added a significant number of new MOB and Debt protection methods to the functionality of our WinLoan-32, eWinLoan, and Calculation Engines.... (Read on for more information)
In addition to the new HOEPA tests we’ve added to our WinLoan-32 software, we’ve also added a page to the support section of our website detailing the HOEPA regulations and how our software can assist you in maintaining compliance. Take a look at the HOEPA page to find out how easy it really is.