Prieston & Associates offers a Representation and Warranties Insurance program, which provides unique and comprehensive misrepresentation, fraud and financial integrity insurance protection to lenders in the event of a repurchase request based on a breach of a lender’s representations and warranties in its contract with an investor. As data integrity issues become more quantifiable within the mortgage banking industry, representation and warranty Insurance coverage has surfaced as the solution to the largest exposure lenders have for loss. * The largest and most experienced Repurchase Loss Insurance program through Lloyd's of London (http://www.lloyds.com/Lloyds_Market/Ratings/) * Placed insurance on over 1,000,000 Loans for over 2,000 lenders throughout our history * Processed over 3,000 claims, and the only company in the country with claims paying history * Components of our insurance include, MOSA (Mortgage Operational Safety Assessment), Legal, and access to our exclusive Ineligibility List * Patent No. 7725386 awarded for a proprietary methodology of offering Mortgage Fraud Insurance * Patent No. 8055516 awarded for a proprietary methodology for handling insured claims regarding misrepresentation Our Insurance offerings for Lenders, Vendors and Investors: * Rep and warranty insurance * No minimum requirements * Flexible rates and deductibles * Lowest possible premium * A variety of customized offerings designed to meet the needs of each insured