Default servicers are caught in a bind: On one side, investors and the GSEs are pressing for faster resolutions; on the other, new rules from the CFPB, the DOJ settlement and local regulators are asking for auditable home retention efforts and creating a zero-tolerance environment for mistakes. Hear from this panel of servicing and loss mitigation experts to discuss how best practices and available technology can help servicers assure compliance and reduce exposure from both regulators and investors.
- New technology platforms, like Fannie Mae's SMDU(TM)
- How loan mod decisioning engines can speed resolution and create supportable audit trails
- New staffing and outsourcing solutions that will give servicers greater flexibility and better trained resources to deal with foreclosures as the pipeline of defaults shrinks