WASHINGTON, D.C. – November 18, 2010 – (RealEstateRama) — CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it has extended its partnership with Stamford, Connecticut-based Insurance Advisors LLC. Under the agreement, CampusMBA, in conjunction with Insurance Advisors, will offer live online workshops addressing insurance issues for commercial/multifamily real estate loans.
“MBA remains committed to offering a wide variety of industry education and this partnership with Insurance Advisors illustrates our continued commitment to these efforts as we offer focused classes on commercial insurance issues that are so vital to our commercial and multifamily members,” said Gail Cardwell, MBA’s Senior Vice President of Commercial/Multifamily.
Each workshop will cover both broad topics as well a specific issues that industry professionals face on a daily basis. The workshops are designed to provide practical information that is useful to commercial/multifamily loan originators and underwriters, loan closers, drafting attorneys and loan servicers.
“The Commercial Insurance LIVE Online Workshops are a great resource for our members to enhance their knowledge base through the expertise provided by CampusMBA and Insurance Advisors,” said Paul Green, MBA’s Senior Vice President of Corporate Relations, Education and Business Development.
The next workshop, which will be held today, will be led by Bernie Brown, President of Insurance Advisors and he will be joined by outside expert panelists. Participants will learn about Tenant Provided Insurance. The webinar is a 75 minute program that will help lending and servicing personnel better understand the issues surrounding tenant provided insurance. Among the specific issues that will be addressed are:
• Reviewing tenant leases;
• Comparing tenant-provided insurance to lender requirements;
• Use of self insurance by tenants;
• Credit ratings of tenants and their influence upon self insurance;
• Supplementing tenant insurance; and
• Obtaining evidence of insurance from tenants
“We are delighted to renew our joint venture with MBA to put on Live Online Workshops related to commercial real estate insurance. This has been a great partnership and we look forward to our third year together in this endeavor,” said Bernie Brown, President of Insurance Advisors LLC. “We are committed to providing superior educational assistance to MBA members and we are proud the MBA has chosen to continue our partnership with them.”
To learn more about the Commercial Insurance LIVE Online Workshops offered by CampusMBA and Insurance Advisors click here or call (800) 348-8653. If you are a member of the media, please contact Melissa Key at (202) 557-2799.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.