Eversight is in business to ensure that mortgage servicers and their borrowers don't overpay for lender-placed insurance (LPI). We accomplish this by providing expert LPI pricing reviews of your current contracts, running and managing independent RFPs for new LPI contracts, and providing ongoing LPI performance reporting.
We do not sell insurance, place coverage or accept commissions from LPI providers. Our services are designed around servicing operations, cost control, and vendor accountability. Our analysis is grounded in current market conditions and cross-servicer insights.
Get clarity on your LPI pricing and performance.
Step 1: Discovery and Data Review - we gather LPI pricing, policy, and performance data to understand your current state.
Step 2: Market Validation - we benchmark pricing and performance against market indicators and peer trends.
Step 3: RFP Execution (Optional) - if warranted, we manage a competitive RFP to test pricing and service alternatives.
Step 4: Ongoing Monitoring - we provide recurring reports that track pricing and provider performance over time.
Step 5: Executive and Audit Support - deliverables are formatted for leadership review and exam support when needed.
Our Mission:
To provide mortgage servicers with independent, market-driven insight into lender-placed insurance pricing and performance.
What Makes Us Different:
Eversight exists solely to help servicers understand, evaluate, and manage their LPI programs objectively.
Who We Serve:
Eversight operates outside of day-to-day servicing operations and independently from LPI carriers, creating a clear second line of defense.
Eversight provides oversight and reporting support. Servicers remain fully responsible for operational compliance with applicable regulatory requirements and loan-level servicing obligations.
The model is designed to support vendor management, UDAAP, complaint management, and quality control expectations outlined by CFPB and GSE servicing guides.
Our oversight aligns with CFPB Mortgage Servicing Rules — 12 CFR §1024 (Regulation X) and RESPA Section 6 LPI requirements, and GSE servicing standards for force-placed insurance.
Eversight negotiates on behalf of servicers and provides performance reporting. Compensation arrangements are disclosed contractually and designed not to influence servicer placement decisions. Results vary by portfolio, baseline program terms, and underwriting criteria.
Utilization of our services provides independent, arm’s-length oversight that regulators expect without adding compliance headcount. Servicers that partner with us also see improved borrower experience and a defensible compliance posture.
Based on prior engagements, servicers that we work with recognize an average annual savings of 7-8% through LPI carrier negotiations and competitive RFPs. We provide monthly LPI vendor SLA monitoring across borrower notifications, call center performance, refunds, and reporting. Additionally, we provide oversight on loss draft and claims including inspections, endorsements, and escalation handling, compliant root-cause analysis, and audit response management. Our services ensure regulatory-ready compliance aligned with CFPB and GSE expectations.
Eversight provides program oversight and reporting. Where a servicer requests it, Eversight may also serve as Broker of Record under a separate, disclosed arrangement. Oversight testing methodology, exception reporting, and remediation tracking are performed independently and are not contingent on carrier selection, premiums, or placement volume.
Eversight acts as an independent oversight provider for mortgage servicers. We deliver arm’s-length LPI cost negotiations, monthly reporting and ongoing vendor monitoring.
