Mar 20, 2019 13:00 UTC
DALLAS–(Business Wire)–DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, announced Valerie Elkins, vice president of business innovation at DIMONT, participated in a panel entitled Exploring Ways the Supply of Real Estate May be Disrupted in 2019 and Beyond at The Green River Capital – 2019 Real Estate Symposium, on March 14 in Salt Lake City, Utah.
Elkins was joined by four other panelists and focused her presentation on the impact of natural disasters on the real estate industry, citing compelling statistics showing how 25 million performing home borrowers were affected by weather-induced damage to their properties in 2017 and substantially more in 2018 with final numbers still pending.
“The data shows a clear linkage between natural disasters and increases in defaults in affected areas,” said Elkins. “This is why mortgage servicers and investors should ensure that good processes and technologies are in place to help borrowers manage insurance claims and repair-related issues in the wake of storms.”
Other discussion topics the panel addressed included new home construction and the nation’s changing demographics.
The symposium ran March 13-15 and was held at the Grand American Hotel. The event was hosted by Green River Capital (Salt Lake City, Utah), a real estate services company.
Founded in 1996, Dallas-based DIMONT is one of the largest providers of insurance claims and collateral loss mitigation services to the residential mortgage and auto lending industries in the United States. Additional information is available at www.dimont.com.
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