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DS News February 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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60 organizations over the past two years, and how the merger between DIMONT and MPA has taken this into account. "ey've been able to incorporate those additional charges and costs into our model so that our clients are getting the highest amount of recovery for their loss," MacIntyre explained. "at is absolutely critical for our clients. MPA has really been able to open our eyes to additional ways we can provide more value and benefits to our customers." MacIntyre recalled that, as the companies went to work blending their teams and processes, the team went back to review some prior filed claims, putting them back under the microscope to see if there were any missed opportunities that the expanded resources and bandwidth of the MPA union could have enabled them to tackle more efficiently or thoroughly. "We scoped several of our claims, and there were things that we had not had access to in the past in terms of filing claims," MacIntyre said. Leveraging those new tools and perspective, MacIntyre told DS News that DIMONT has delivered "over $1 million in additional recoveries, just in the last six months" to clients, courtesy of these revised filing processes. "In the past, a claim was a claim was a claim," she added. "You file a claim with the insurance company, and you either get a positive result or you get a denial. Now, with the acquisition of DIMONT, we have additional leverage, we have additional information, we have better claims. We have more thorough documentation. Our propensity to get a denial is a lot lower than it was before." at, of course, is in addition to the advantages offered by being able to adjust high- dollar claims in-person, rather than from behind a computer screen in an office far away. "[Remote adjusting is] acceptable in certain scenarios, but in most scenarios, you "A lot of adjusting is the mechanics and understanding how the loss occurs. So often, people think they had a plumbing loss, and it was actually a roof leak, or vice-versa because somebody didn't properly identify the cause of loss." —Steven McCaffrey, CEO, DIMONT Cover Story By: David Wharton

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