The Insurent Lease Guaranty Program is the first and leading institutional guarantor of residential leases, and was created to assist renters, landlords, condo/coop owners, brokers and relocation specialists in quickly and easily closing leases for all parties. Insurent has transformed the multifamily industry, issuing thousands of lease guarantees representing over $900 million of rent exposure, with over 400,000 units and over 3,500 buildings accepting the Insurent Lease Guaranty Program. The pace of owner acceptance and utilization has accelerated, and more owners, or property managers choose Insurent every day. The Insurent Program presently operates in New York, New Jersey, Massachusetts, Illinois, Maryland, Virginia and Washington, DC. The Insurent Lease Guaranty Program allows for lease closures of creditworthy" renters who don't meet the financial requirements of their landlord. These renters include foreign professionals relocating to the US without US Credit history, international and domestic students, retirees, self-employed individuals, and young college and professional school graduate entering the workforce, and non-employed US and foreign persons with significant cash liquid assets, all who in many cases cannot qualify to rent an apartment. Insurent acts as the "institutional guarantor" to help renters obtain their apartment quickly in a competitive market.