CampusMBA Aids Radian on Loss Mit
Washington-The education wing of the Mortgage Bankers Association and mortgage insurer Radian Guaranty have formed a partnership to provide training on loss mitigation techniques and services for Radian's lender customers.
The partnership is part of CampusMBA's specialized training to support targeted staff needs overall strategic goals. Paul Green, the MBA's senior vice president of corporate relations, education, and business development, said the training solutions "will provide measurable results that meet companies' goals." CampusMBA is creating the specialized loss mitigation course for Radian and will begin offering it to the loss mitigation and service departments of companies servicing Radian insured loans.
The "boot camp style workshop" is designed for servicing managers, counselors and loan servicing professionals. The workshop will cover common reasons for default, investor and insurer loss mitigation requirements and workout options.
"In the current environment, loss mitigation is a growing part of many companies' businesses," Mr. Green said.