Loss Mitigation Conference Slated for July
In July, a workshop will be held in Dallas for real estate agents on overcoming obstacles in arranging short sales and a keynote address by an executive in Fannie Mae’s servicing division highlight the first day’s agenda at the SourceMedia Best Practices in Loss Mitigation Conference.
The first-time event is being held at the Sheraton Dallas Hotel, July 20 and 21.
The keynote presenter is Javid Jaberi, vice president of Fannie Mae’s national servicing organization. Prior to joining Fannie Mae, he worked for GMAC for 10 years as managing director and senior vice president, responsible for asset performance servicing, managing over $370 billion of mortgage loans.
The workshop on short sales precedes Mr. Jaberi’s speech as the conference’s opening event. Its aim is to give attendees a better understanding of how to make the short sales transaction smoother for all of the parties involved. Day two opens with a discussion titled “In the Trenches — What’s Working and What’s Not.” The panelists are Stephanie Lowe, vice president, enterprise loss mitigation at GMAC ResCap, and Robert Mackey associate director, structured finance ratings for Standard & Poor’s.
This will be followed by a pair of case-study sessions, “Inside Job — Straight Talk on Loan Mods” and “Working with your Mortgage Insurance Providers to Mitigate Loss.”
The morning wraps up with “New Research Insights from the MBA.”
After lunch, there are panels on “Successful Strategies for Handling Capacity Issues,” “Beyond Loan Mods — What is the Optimal Resolution?” and “Life After Loss Mitigation.”
Other speakers at the show include Gordon A. Baird, who is chief executive and co-chairman of the investment committee at Paramax Capital Partners LLC; Joseph C. Smith II, the founder, president and chief executive of Default Mitigation Management LLC; and Jeffrey C. Taylor, director and co-founder of Digital Risk LLC.