Loan Protector Adds Escrow Unit

Loan Protector Insurance Services, Solon, Ohio, has announced the formation of a new department dedicated to researching, processing, and verifying insurance documents for escrowed and impounded mortgage loans serviced by the company.Loan Protector, an outsourcer of customized mortgage insurance tracking and verification programs, said the department is headed by nine full-time escrow specialists. "The escrow department's sole focus is on servicing and processing issues related to escrowed or impounded loans," said Ron Wiser, president of Loan Protector. "As we noticed more and more escrowed loans coming in to be processed, we realized that there was a need for a separate department with a single focus." The company can be found on the Web at http://www.loanprotector.com.