Lender Response Materials
From time to time we get lenders or lender's counsel questioning WFG's acceptability for a particular transaction Depending on the nature of the questions, below are sample letters I have used (each of these was updated through 4/2020).
When discussing WFG's capacity, here are some of the talking points I use. These are also suitable for cut and paste into e-mails, but probably should not be sent out AS IS.
We sometimes get requests for a copy of our Lloyd's reinsurance or the form of reinsurance coverage we obtain for amounts over $20M. In order to get the best pricing, we team up with a number of smaller title insurance companies and jointly purchase our reinsurance. You will see that these contracts run to a group of insurers. That doesn't limit the individual coverages.
If you find other questions we need to address for our lenders, please add them here.
