Expertise Lenders Mortgage Insurance

Lenders Mortgage Insurance

Our dedicated mortgage practice provides advice and representation in lenders mortgage insurance (LMI) and credit insurance matters.

Since 1980, we have advised and represented major LMI and credit insurers in Australia. Our work includes:

  • drafting and reviewing LMI and export credit insurance policies
  • advising on operation and interpretation of LMI policies, export credit insurance policies, trade credit insurance policies and consumer credit insurance policies
  • advising and representing clients in disputes arising under LMI policies and credit insurance policies
  • investigating fraudulent borrowing schemes
  • pursuing recovery from valuers and other third party suppliers on the basis of negligence, contract or statutory liability
  • pursuing claims of unjust enrichment
  • advising on and pursuing damages and contribution claims against mortgage originators, mortgage brokers and registered valuers
  • tracing fraudulently obtained loan monies through bank accounts and other financial and investment vehicles
  • enforcing insurers’ subrogated rights
  • advising and assisting lenders mortgage insurers on their compliance and regulatory obligations
  • assisting the development of risk management strategies, and
  • training client staff on legal issues and processes relevant to the business.

By always considering our clients' commercial objectives, we have earned a reputation for delivering responsive and cost-effective service. In strategic, structuring and policy drafting our clients benefit from our vast experience in the industry. In dispute matters we pursue alternative dispute resolution options where appropriate. For example, we option use mediation as an effective tool to resolve disputes including complex, multi-party matters in order to minimise the costs for our clients. 

 

Practice Manager

Rod Cameron

t +61 2 9293 5407
f +61 2 9264 4790
e rod.cameron@hicksons.com.au

 

Lenders Mortgage Insurance