“To be honest, dealing with someone that people in the industry recognize and respect has been very helpful, too. The warehouse lenders and investors know they can trust our coverage because Lee is the one who set it up.”
“Really, he just makes it easy for us. He's thorough so there aren't delays in getting our coverage. He doesn't waste my time. He saves us time, which is key to how we can be successful as a business.”
“Lee possesses a detailed understanding of the mortgage industry and our insurance needs. He is superbly qualified to address the issues that arise and offers immediate attention to our inquiries. His focus on providing excellence in service to his clients has been evident throughout our business relationship. I am repeatedly reassured by Lee and Denise's ability to decipher the variety of coverage issues involving our mortgage business and affiliated businesses.”
Corporate Counsel, VP
American Mortgage Service Company
“Lee and his team found a solution for
us that was tailored to our company–it
only included what was needed, nothing
extraneous. That level of customization
is what I was looking for from both
a policy perspective and a customer
service approach. It's why I'm sure that
as more of our policies come due for
renewal, we'll be working with Lee to
find the best options.””
Vice President of IT and
American Home Lending USA, LLC
"In 2006, we decided to review our Mortgage Banker's Bond and Professional Liability Insurance. As a broker, Lee was able to price out multiple quotes from multiple carriers and found us a policy that had both a better price and better coverage. Over time, we began to switch more of our insurance (Surety Bonds, Property, Workman's Comp) over to MBIG. In each case, the better pricing we were getting was definitely a factor but the improved coverage we were receiving is really what was key."
Platinum Home Mortgage Corporation
“Lee was able to tell us exactly what we needed and why. In the past, we used someone who didn't specialize in mortgage banking insurance. They couldn't explain the coverages to us, and they weren't familiar enough with our business to make sure we were properly protected beyond just meeting investor requirements.”
"We needed E&O Insurance and Fidelity Bond policies that would be in compliance with our Fannie Mae and Ginnie Mae filings. The standards for these agencies are fairly exacting. So, we needed someone with a lot of expertise in this area and Lee is the man. He has all the necessary contacts and got us exactly what we needed."
Manager Licensing & Compliance
"Let me tell you, the good thing about Lee is that when you call him, he answers his phone every single time. If there's an issue, he jumps on it right away. That's the way I like to do business. I can call him right now, merge him into this conversation, and he'll answer. It doesn't matter where he's at. I highly recommend him. I don't refer anybody... but I would refer people to Lee."
“As we are all too familiar with, the Mortgage Banking, Real Estate and Insurance industries have gone through considerable change over the past several years. Skyhill's ability to reach out to the ever declining number of insurance carriers to competitively price, navigate through appropriate coverage, make sense of alarming increases in our annual policies and anticipate insurance industry change was limited before aligning ourselves with MBIG. Lee has helped us with anticipating change and with being adequately covered at the best possible price.”
VP of Finance
Skyhill Financial, Inc.
“When Lee and I connected it was almost
like... boom boom boom. This is what
you need. This is what it is. This is how it
works. Any questions? He was very clear
and concise. I responded that I only had
one question. He answered it right there
on the spot. Prior to meeting Lee, I thought
finding the insurance we needed was way
more difficult than it should be. But, after
connecting with him it was seamless.”
Senior Vice President
United Mortgage Group
"I wanted to combine our two corporations under one insurance policy but had been told for 10 years that this wasn't possible. During my introduction to Lee, I mentioned this idea. He said, 'I believe you can. Let me look into it.' Based on his experience, he knew it was possible, knew the right questions to ask and the right people to talk to and got it done. We now have solid insurance at a significant savings."
Vintage Mortgage Group
“Between our mortgage bonds and Property & General Liability Insurance, we were working with five different companies. Now it's all with MBIG. I don't have to worry about coverages expiring or whom to call in a specific situation. The answers are just a phone call or email away and Denise takes care of it.”
Chief Financial Officer
Amerisave Mortgage Corporation
“I don't have the time—or really the desire—to deal with all the details of our insurance. Lee has been recognized as an expert in the field, and we rely on that expertise. And, because he's getting quotes from several insurance companies, we're getting the best price and product available.So I don't need to worry about it.”
Founder & President
"I told Lee about my company and he immediately explained the insurance coverage I did–and didn't–need. Turns out, I was overpaying because elements of my coverage weren't necessary. So, in just one conversation, he helped me save thousands of dollars."
Home Loan Enterprise
“At this point, pretty much all our corporate insurance is with Mortgage Banking Insurance Group. It's not that I've handed him the business. I put him into the mix from a competitive standpoint, and he's always been able to "win the day" from the perspective of pricing, coverage and service. We recently moved our Professional Liability over to him. Rather than just automatically renew with the carrier, we gave Lee the opportunity to find us something better. He brought a carrier to us that we weren't familiar with, and the coverage and price were both better.”
“In my experience, insurance is very necessary. But, it's also very difficult to navigate. It's easy to be under-insured or over-insured. Lee definitely gets to know our company—he's not just an order-taker. Lee meets with me and other key people to discuss our requirements and business. With MBIG, I have the confidence that we are getting the correct coverages for our business—even as those needs change over time.”
“We moved our insurance to Lee and MBIG, and the service has been great. We had an outstanding Ginnie Mae endorsement that our past broker couldn't figure out. Once we began working with Lee, he was able to get us that endorsement and back in compliance within a week.”
People's Mortgage Company
“The market for Mortgage Banker E&O and Fidelity insurance is very specialized. There are only a few insurance companies that write this type of coverage. Fortunately, Lee knows who is writing it and how they write it. And, he's been able to negotiate good rates on our behalf. Even more, thanks to Lee's knowledge of our industry, he has been able to recommend coverages that aren't required by lenders, like Professional Liability, but which are important for the protection of our business. With Lee, we're dealing with someone who really knows our industry and the insurance we need.”
President and Chief Executive Officer
Q10 | Dwyer-Curlett & Co.
“Lee Brodsky and MBIG have proven themselves to be knowledgeable about the insurance needs of my company and are quick to respond to any of my questions or requests. They found us several quotes and helped us determine which carrier offered the most effective coverage at the best value.”
"We originally contacted Lee and Mortgage Banking Insurance Group to obtain a quote for E&O insurance and also gain some insight into this coverage. The last person we worked with would say 'I've been doing this for a long time so trust me.' It wasn't a clear picture of what was going on, why we needed the insurance and how the insurance worked. Lee was much more patient. He didn't mind explaining everything."
"Our current insurance broker was unable to obtain the coverage we needed to finalize our GSE approval. I talked to Lee for the first time ever on a Monday afternoon, and he was able to update our policy by that Thursday. In that first conversation, I said to him, “Lee, what you’ve just told me in the last five minutes makes more sense than anything the many other people I’ve spoken to have said over the last four weeks."
Public Policy and Government