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Traci Luckhaupt

Traci Luckhaupt

Vice President of Loss Mitigation

Traci Luckhaupt is a Vice President of Loss Mitigation at Fifth Third Bank in Cincinnati, Ohio managing a staff in excess of 120 employees. She is actively involved in foreclosure prevention efforts with non-profit agencies within the Fifth Third Bank footprint. Traci has assisted government and non-profit agencies in Ohio and Michigan to shape public policy and programs to assist struggling homeowners with the Hardest Hit Funds Treasury sponsored program. Traci is constantly seeking creative progressive programs to preserve homeownership.

She earned her Bachelor of Arts degree in political science from Eastern Kentucky University and her Master of Science degree in executive leadership and organizational change from Northern Kentucky University. Traci is a member of the Ohio Mortgage Bankers Association.

All Traci Luckhaupt's Stories
Unemployment drives 50% of mortgage defaults. Yet most efforts focus on the expense side of the equation—modifications and credit counseling. What's been missing is a focus on the income side of the equation - specifically, employment. We will: 1) examine how unemployment affects borrower behavior and response to outreach, 2) analyze a case study of Fifth Third Bank's innovative and financially-profitable homeowner reemployment program and 3) explore the impact of reemployment on...
Determining your organizations involvement level post-disaster Tips to sending personnel into the affected areas Timing your outreach efforts for greater effectiveness
The mortgage servicing industry continues to experience unprecedented regulatory and supervisory change (i.e. consent orders and judgments, self-assessments, CFPB, external audits, etc.). As a result, servicers are spending significant time and resources to quickly bolster compliance and internal audit programs and improve operational practices, including adding staff, improving policies and procedures, and strengthening controls, amongst others. Not only is this work done under short and...