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There comes a time in every mortgage servicing executive's career where they have to get down to where the rubber meets the road, as they say. In the mortgage industry, that means managing real estate-owned. Or, failing that, they have to send somebody out to manage a piece of real estate acquired through foreclosure.
The people who actually manage field servicers on behalf of lenders and national outsourcing companies come from a wide variety of backgrounds. Richard Mason, who runs Eagle Inspection Services Inc., near Chicago and does work in Illinois, Indiana and Wisconsin, is currently the president of the Society of Independent Representatives, a trade group for field service contractors. He's also an ordained minister.
His is just one of many stories that illustrate the varied background of people in the business. And SIRs, along with other groups such as the National Association of Mortgage Field Services, is ...
Source: HighBeam Research, Field Services.(Brief Article)