Two General Sessions include "A Discussion with the CFPB" and a luncheon discussion with leaders from several Texas-based servicers discussing the changing industry landscape! Other topics will include:
Current Trends in Loss Mitigation
This forum will discuss re-default/recidivism rates regarding modifications next steps after re-default, current legislation on new changes in loss mitigation including streamlined mod process and no doc if 90 days as of July 1 (GSE), and technology challenges with SMDU new rollouts with FNMA
Vendor Audits/Vacant Property Maintenance and Registration/Code Compliance/Outlook for REO’s…
The forum will take a closer look at regulations and compliance as it relates to third party vendors, municipality code compliance, vacant property maintenance and registration; as well as the outlook for REO’s and “repair or not to repair”
The forum will cover a wide variety of topics from the work required to obtain accurate SCRA documentation to the anticipated impact of the pending CFPB rules taking effect on Jan 1st while we look at some of the many legislative, judicial and investor requirements introduced this year.
Investor Reporting Challenges, Getting It Right From Beginning to End
It’s often been said to “Follow the Money…” This forum will discuss the challenges of accurately processing default resolution strategies throughout the organization including loss mitigation, payment administration, liquidation processing and investor reporting. Discussion will include both best practices and challenges that organizations are facing resulting from procedural, regulatory or technology concerns pertaining to: modifications, liquidations and external reporting and remitting.
NSS Challenges Servicing and Communicating with Homeowners
The perspective for performing customer service, escrow departments, and loan counseling/early collections.” This session will also examine what servicers using sub-servicers should be vigilant for and include special guidance on how SCRA protected borrowers should be serviced, avoiding loss mitigation, foreclosure, and costly regulatory sanctions
Servicing Transfer Challenges In Light of New MSR Ownership Challenges
This forum will discuss challenges being faced by servicers, vendors and borrowers with regard to the ongoing transfer of servicing assets from regulated institutions to non regulated servicers. Discussions will cover transferor and transferee issues, challenges that arise when transferring loans in various stages of default and new loan boarding challenges. The forum will also examine the various delivery and funding changes for transferred loans of the private investors; as well as Fannie Mae, Freddie Mac, and Ginnie Mae loans with an in depth discussion regarding Ginnie Mae’s rollout of the RFS (Reporting and Feedback System).