DALLAS, Oct. 23, 2014 /PRNewswire/ -- Dimont & Associates ("Dimont") announced today that as a result of a recapitalization by existing institutional investors including THL Credit, Inc. (Nasdaq: TCRD), Dimont is now an independent company and no longer affiliated with Wingspan Portfolio Holdings.
Founded in 1996, Dimont's primary focus is to recover the highest possible settlements on residential, commercial and multi-family insurance claims, as quickly as possible, mitigating risk to clients in pre- and post-foreclosure claims for conventional and government backed loans. Dimont specializes in filing and negotiating insurance claims for lenders, servicers, investors and the GSEs. Presenting and pursuing these claims to satisfactory resolutions involves utilizing an expert team of licensed professionals who maintain in excess of 1,300 state licenses in 46 regulating jurisdictions. Dimont has streamlined management of the claims process on residential and multi-family properties while maximizing recoveries for clients. Dimont maintains its headquarters in Dallas, Texas, with an office in San Diego, California.
"Dimont's unique expertise in servicing a diverse client base is a clear advantage when it comes to offering a customized approach for each client and the flexibility required to address rapid fluctuations in portfolio size," according to Bernie Dimont, President of Dimont & Associates. "THL Credit recognizes the strength of Dimont's management team and our commitment to the customer, which is unmatched in the industry. We are excited to have strong financial partners who will support the company's continued growth."
Dimont offers a full line of insurance claims management services for Government-backed loans (FHA, VA, USDA), Fannie Mae and Freddie Mac, as well as private investor portfolios. Dimont brings the most experienced, capable team to this service offering and provides a customized approach to meet client needs.
Media questions can be directed to Joe McCloskey of Dimont at (619) 768-4161.
For more information on Dimont & Associates, please visit www.DimontandAssociates.com.
ABOUT THL CREDIT
THL Credit, Inc. ("THL Credit") is an externally-managed, non-diversified closed-end management investment company headquartered in Boston, with additional investment teams in Chicago, Houston, Los Angeles and New York. THL Credit's investment activities are managed by THL Credit Advisors LLC, an investment adviser registered under the Investment Advisers Act of 1940.
For more information on THL Credit, please visit www.thlcredit.com.
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SOURCE Dimont & Associates