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Hot-Button Topics at SourceMedia Servicing Conference.(Conference news)

Mortgage Servicing News

| April 01, 2009 | COPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Jennifer Harmon

Attendees at SourceMedia's Third Annual Mortgage Servicing Conference April 6-7 in Dallas will hear all about the latest servicing updates, including the recent approval of cramdowns by the House of Representatives and how this new legislation will impact servicers.

On Monday, April 6, the opening keynote address will be given by Ingrid Beckles, senior vice president of default asset management at Freddie Mac.

The session, following opening remarks by Mark Fogarty, editor of Mortgage Servicing News, will cover the "Foreclosure Phenomenon." Today's leading thinkers will share their thoughts on adapting and developing an effective strategy to confront the deluge of defaults.

There will also be discussion on the $75 billion homeowner stability initiative and new funding for the GSEs, but will it provide enough relief? The moderator will be David M. Bizar, a partner with the law firm McCarter & English. Panelists will include Suzanne Boas, president of Consumer Credit Counseling Services, Tom Deutsch, deputy executive director, American Securitization Forum, and Mark Pearce, North Carolina commissioner of banks.

Also on Monday, there will be a special presentation, an interview with Larry B. Litton Jr., president and chief executive officer of Litton Loan Servicing. Rick Glass, managing director of R.T. Glass & Associates, will ask him questions regarding the latest servicing news in today's market.

Next will be a "Roundup of New State and Federal Legislative Affecting Servicing." Moderator Roland Reynolds, from the law firm Palmer, Lombardi & Donohue LLP, will ask questions to Michael Goldberg, vice president and assistant general counsel with Wachovia's legal division, as well as to additional panelists. This session will cover trends in class actions on the loan servicing and ...

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