Rick Hughes | Source | SVP, Business Unit Leader at NFP

Rick is a Senior Vice President at NFP having been one of the main minds behind the development of the Equity Protection Program (EPP) offered through NFP. The program provides lenders the ability to mitigate the risks associated with expanding equity loan portfolio parameters through a fully insured program. By insuring loans with augmented loan-to-value thresholds, debt-to-income ratios and credit score ranges, you can expand the equity loan offerings without taking on additional risk. In the event of default, the full balance of the covered loan will be payable — without incurring expensive foreclosure, charge-of or REO charges.

NFP is a leading insurance broker and consultant that provides employee benefits, specialized property and casualty, retirement, and individual private client solutions through the licensed subsidiaries and affiliates. Their expertise is matched by the commitment to each client’s goals and is enhanced by their investments in innovative technologies in the insurance brokerage and consulting space.