Whether you service your own loans, or outsource, the work of servicing distressed loans is not one that can be taken lightly these days.  Applying loss mitigation activities early in the life cycle of a loan is just the start of the increased effectiveness of today’s servicers.   

• What are the critical elements of success that today’s leading servicers are employing?
• What are the operational efficiencies to be gained by employing a component servicer?
• What vendors are helping to manage resource restraints? 
• What changes in-house need to be made to maximize skill sets and resources? 
• What you need to know about HAMP, loan mods & short sales?

The spread between the bid and the ask. Where does reality really live? Who is the ultimate decision maker? What should the lender consider when disposing of a note? Who is the buyer, and what, if any, recourse is left for the lender? Do the personal guarantees run with the note or can the bank recover? When a junior lien holder purchases a note, how is the priority of lien impacted with respect to the security interest? The opinion of the regulator, is a note sale a loss mitigation or a total loss? The opinion of the shareholder, is a distressed note sale "found income" from zero, or a loss from the par value of the note? What happens in litigation, are there standing issues with respect to the substitute plaintiff requiring the suit to be dismissed and filed again?

-- Forecasts for job growth, mortgage rates and government intervention -- Which metros will be on the early side of an economic/housing market recovery and why? -- Which metros or regions will tend to lag and why? -- Florida challenges and fundamentals -- Florida opportunities (CDDs, bank acquisitions, portfolios, etc.)