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Recruitment and Training.(Special Report)
It's not the best time to be looking for work in the mortgage industry, unless you happen to be one of those people who have been around long enough to remember the last real estate downturn. People with experience in loss mitigation, default management, repayment plans, modifications and workouts are not having any trouble finding jobs today. The same is true for people who specialize in the preservation and marketing of real estate-owned, or foreclosed property.
And that is changing the landscape for the recruitment and training of mortgage professionals. Many people who have a background in the loan origination business are seeking to expand their credentials to encompass loan management and loss mitigation. And institutions that provide training, most notably CampusMBA, the educational wing of the mortgage ...
- COLLECTIONS: Loss Mitigation in 3-D; Default management platforms evolve beyond...
- Magazine article from: Bank Technology News Adams, John April 1, 2009 700+ words
...offer collections and loss mitigation tools - Fidelity...collections and loss mitigation platforms are graduating...president of First American Default Technologies in Lousiville...VendorScape suite of loss mitigation and serving tools...
- First American Default Technologies launches VendorScape.(TechNew)(Brief...
- Magazine article from: Mortgage Banking October 1, 2008 700+ words
First American Default Technologies...VendorScape[TM] Loss Mitigation module. VendorScape Loss Mitigation is a solution...president of First American Default Technologies...third-party loss-mitigation services, including...
- Enhanced Claims Processing Capabilities Bolster First American Default...
- Press release article from: PR Newswire November 21, 2000 700+ words
...21 /PRNewswire/ -- First American Default Management Solutions, a First...company also announced that new loss mitigation claims and conventional mortgage...division president of First American Default Management Solutions. "Putting...
- Loss Mitigation Is Cost Effective.
- Magazine article from: National Mortgage News APGAR, WILLIAM November 8, 1999 700+ words
...effectiveness of the FHA's loss mitigation program, which provides single...audit report on the single family loss mitigation program. As stated in the Executive Summary, the use of loss mitigation is indeed rising exponentially...
- The return of LOSS mitigation. (loan servicing)
- Magazine article from: Mortgage Banking Litton, Larry B., Sr. May 1, 1997 700+ words
...delinquent loans by implementing aggressive loss-mitigation programs. Whereas traditional servicing...to 1,000 loans per employee), loss mitigation is a highly labor-intensive business...Servicing executives generally resist loss-mitigation activity for several reasons. Loss...
- TNLMA[TM] Announces Official Launch of National Loss Mitigation...
- Press release article from: Business Wire March 11, 2009 700+ words
...Regulatory Proactive Association for the Loss Mitigation Industry and Loan Modification Service...the first national association for Loss Mitigation and Loan Modifications founded to...meeting the growing public demand for loss mitigation services. "TNLMA[TM] believes...
- Managing to cushion the blow. (mortgage servicing industry's loss mitigation...
- Magazine article from: Mortgage Banking Hoff, John R. February 1, 1997 700+ words
...agencies are bringing dramatic changes to loss mitigation. A new survey captures what servicers...understand how they are approaching loss mitigation as this new era in delinquency management...the servicing industry relative to loss mitigation. What is essentially taking place...
- LOGS Adds Loss Mitigation Feature to Online Communications.
- Magazine article from: Mortgage Servicing News April 1, 2000 700+ words
...Services Inc. has developed a loss mitigation module for its LOGS Management...identify and communicate potential loss mitigation opportunities online to mortgage servicers. The loss mitigation module is especially useful in...
Source: HighBeam Research, Recruitment and Training.(Special Report)