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Securent, a SitusAMC Insurance Services Branch, Launches Comprehensive Risk Management and Insurance Programs
NEW YORK – Nov. 16, 2021 – Securent, a newly-formed provider of comprehensive risk management and insurance programs for mortgage and mortgage-backed securities (MBS) stakeholders, today announced the launch of its operations. A subsidiary of SitusAMC, Securent’s loan defect insurance protects primary and secondary mortgage participants against risk associated with defects introduced in the loan manufacturing process, including underwriting defects, compliance violations, fraud and misrepresentation,