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Roundtable: Time To Prepare?
David Van Ess, EVP, LOGS Network
Mary Hunter, president & CEO, Artemis Enterprises
Joe Dombrowski, Fiserv, executive consultant
Jeremy Pomerantz, SVP, Nationwide Title Clearing
Joe Lanzillotta, VP, DST Output
These executives participated in a roundtable discussion at the SourceMedia Mortgage Servicing Conference in Dallas in June. Below is an excerpt from the discussion. The roundtable was hosted by Mark Fogarty, Ted Cornwell and Jennifer Harmon, editors of SourceMedia mortgage publications.
Ted: There have been a lot of challenges in the subprime end of the lending industry and I'm wondering how servicers and their ...
- Turning red into black: servicers are trying a little bit of everything to save...
- Magazine article from: Mortgage Banking DeMuth, Jerry February 1, 2008 700+ words
...start, he says. "Servicers, to some degree...inconsistency with servicers and with the departments...counseling groups, as servicers realize that the delinquency...Servicing LP. "Any servicer out there that thinks...are swinging toward loss mitigation," echoes Tom Healy...
- Servicers doing more loss mitigation with fewer resources.(Briefing Book)
- Magazine article from: Mortgage Banking April 1, 2008 700+ words
...OMITTED] "How servicers will balance...intensive loss-mitigation work with...challenging for servicers to appropriately...condition of the servicer or of its...affecting servicers' financial...collections, loss mitigation, foreclosure...
- A tough test: rating agencies are grading servicers on their ability to prevent...
- Magazine article from: Mortgage Banking McGarity, Mary May 1, 2008 700+ words
...being a mortgage servicer today...collections and loss-mitigation staff are all...months, several servicers have found their...stability of servicers are playing...important role in servicer evaluations...and Poor's. Servicers are challenged...collections and loss ...
- Wolters Kluwer Financial Services Launches Loss Mitigation Resource Center for...
- Press release article from: Business Wire June 29, 2009 700+ words
...lenders and servicers to access detailed...strengthen their loss mitigation programs. In...Financial Services' Loss Mitigation Resource Center...lenders and servicers can gain an in...made its suite of loss mitigation solutions available...help lenders and ...
- Today's Servicers Cope with a Big Need for Loss Mitigation Workers.(News)
- Magazine article from: National Mortgage News September 28, 2009 700+ words
...t need as much loss mitigation but I think that...lot of the larger servicers is that some of these (loss mitigation) folks will move...to short sales a servicer is not involved...most probably servicers will worry about...
- HUD Plans to Punish Servicers that Fail to Follow Loss Mitigation Rules.
- Magazine article from: National Mortgage News August 25, 2003 700+ words
...penalties on FHA servicers who fail...claim) if a servicer doesn't comply with FHA loss mitigation requirements...effectiveness of a servicer's loss mitigation program...objective so that servicers can monitor...Even if a servicer gets a low...
- Servicers Outsource Loss Mitigation Activity.
- Magazine article from: National Mortgage News Dymi, Amida July 21, 2008 700+ words
...the problem with loss mitigation is that there is no consistent reporting of loss mitigation. "There is no loan...requires lenders and servicers must make all necessary...packages "do not have loss mitigation functionality to allow...
- Titanium Knocks On Doors To Provide Outreach for Servicers.(Special Report:...
- Magazine article from: National Mortgage News March 30, 2009 700+ words
...it back to the servicer so they can initiate...facility for servicers helps servicers contact and provide...procedures. Servicers have access to...tools that put loss mitigation features into...providing the servicer with a letter...