Dear Colleague:

The foreclosure crisis isn’t over. Most people think it is roughly half over—a couple of million done, a couple of million left to go.

What that means is that at last, the servicing market will be starting to return to normalcy—if not in 2012, perhaps in 2013—and wise servicers will do well to start planning for that.

That’s why the theme of our next Mortgage Servicing Conference—which I plan to chair April 17-19, 2012 at the Omni Mandalay in Dallas—will have as its theme "Shifting Gears to Build for the Future."

After several of the wildest years ever seen in the servicing business—for good and bad—it is possible now to see, and start planning for, a book of business like the ones servicers used to see.

In fact, that book of business likely will be better than “the good old days,” since there is such a big emphasis now on credit quality and low loan-to-value ratios. That’s a servicer’s dream!

I hope you will join me in Dallas for this vision of the future!

Sincerely,

Mark Fogarty
Conference Chair
Editor, Mortgage Servicing News