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Home Warranty Company Adds Mortgage Protection.(Warrantech Corp., CRES Insurance Services agreement)(Brief Article)

Mortgage Servicing News

| April 01, 2002 | COPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Warrantech Corp., a firm that offers home warranties among its products, has signed an agreement with CRES Insurance Services that will allow it to offer Disaster Mortgage Protection.

Under the agreement, CRES will provide a risk management package that offers protection for homebuyers, sellers and real estate agents under a new "Home Sellers Protection Program."

"Our focused expansion into the real estate industry is expected to play a significant role in Warrantech Home's growth strategy," said Bill Barker, president of Warrentech Home Service Co.

He said the new product adds additional value to traditional home warranty programs.

...

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