Conference Agenda
Monday, July 20, 2009
12:00 PM - 2:00 PM
Registration Opens
2:00 PM - 4:00 PM
Workshop: Overcoming Obstacles in Short Sales
This workshop will focus on helping real estate agents understand how to help the owner of a property that needs to sell the property on a "short sale". The group will discuss what the lender or servicer will need when considering a "short sale". There will be group discussion regarding communication and partnering with the lender/servicer without violating the agents fiduciary duties to the seller. Disclosure responsibilities to the Buyer and the Buyers agent will be explored. The Texas Real Estate Commission promulgated Addendum for Short Sales will be reviewed. The participant will leave with a better understanding of how to make the transaction smoother for all of the parties involved in the transaction.
Instructor:
Peggy Santmyer, ABR, CREI, GRI, SRES
4:00 PM - 5:00 PM
Opening Keynote
Javid Jaberi
Vice President, National Servicing Organization
Fannie Mae
5:00 PM - 6:30 PM
Networking Reception
Tuesday, July 21, 2009
7:30 AM - 8:25 AM
Breakfast Briefing
Streamlining the HMP Modification Process Through Automation
Sponsored by:
Click here for more info.
Presenters:
Ed Hill
Managing Director
LPS Desktop Loss Mitigation
Lorraine Brown, CMB
Senior Managing Director
LPS Document Solutions
Kevin Hamilton
First Vice President
LPS Data Capture Services
Kevin Williams
EVP Business Development
LPS Applied Analytics
7:45 AM - 8:30 AM
Breakfast
8:30 AM - 8:45 AM
Chair's Welcome
Mark Fogarty
Group Editorial Director
National Mortgage News
8:45 AM - 9:45 AM
In the Trenches - What's Working & What's Not
Unprecedented times calls for new and unique ways to deal with borrowers and minimize loss. This panel of experts from key firms in the mortgage industry share what they're seeing today in loss mitigation that is working, that is not working and ways we need to be thinking outside the box. What makes a loan mod successful? How to prevent re-defaults?
Ideas, tactics, and strategies that can be put to use immediately.
Moderator:
David Sisko
Director, Financial Services Industry, Regulatory & Risk Strategy
Deloitte & Touche LLP
Panelists:
Scott Gillen, CMB
Vice President
Stewart Lender Services
Yvette W. Gilmore
Sr. Director, Loss Mitigation Servicing Default Asset Management
Freddie Mac
Stephanie Lowe
Vice President, Special Servicing Loss Mitigation
GMAC Financial Services
Robert Mackey
Director, Servicer Evaluations
Standard & Poor's
9:45 AM - 10:30 AM
Straight Talk on Bank of America's Home Retention Programs
Presenter:
Ken Scheller
Senior Vice President, Home Retention Division
Bank of America
10:30 AM - 11:00 AM
Break
11:00 AM - 11:45 AM
Case Study - Working with your Mortgage Insurance Providers to Mitigate Loss
The foreclosure crisis has put tremendous financial pressure on not just the lenders and servicers but the firms that insure their loan portfolios. In this unique case study, you'll hear from one of the leading mortgage insurers on some of the unprecedented strategies put in place in conjunction with their clients to help step up the efforts in preventing foreclosures.
Jon Ballard
Vice President, Field Servicing
PMI Mortgage Insurance Co.
Margaret M. ( Peggy ) Slattery
Director, Specialty Servicing Legal & Bankruptcy Loss Mitigation
GMAC Mortgage Corporation
11:45 AM - 12:15 PM
New Research Insights from the MBA
- Get the latest information on the direct cost to service, servicer productivity and overall servicer profitability
- Learn about strategies that servicers are taking to manage their default and churn workload
- Summarize changes in responsibilities and costs for customer service, collections, loss mitigation and servicing systems personnel over the past year
- Discuss potential repercussions of foreclosure moratorium and modification programs on 2009 revenues and costs.
Presenter:
Marina Walsh
Associate Vice President, Industry Analysis, Research & Economics
Mortgage Bankers Association
12:15 PM - 1:45 PM
Lunch for All Participants
12:30 PM - 1:30 PM
Industry Innovation Lunch Session
(ESP) Emortgage System Processing
Sponsored by:
Click here for more info.
Panelists:
Linda Simmons
Managing Director
Overture Technologies
Jay Meadows
President/CEO
Rapid Reporting
Tim Anderson
President
SigniaDocs, Inc.
Kelly O'Bannon
Senior Vice President of Servicing
RCS
1:45 PM - 2:30 PM
Successful Strategies for Handling Capacity Issues
The goals placed on servicers by the government to handle the influx in delinquency volume are such that operations and staff for loss mitigation are overwhelmed and therefore insufficient. How are servicers coping? What strategies are they implementing to fill the gaps in their operations? You'll listen in on three different perspectives - a lender, sub-servicer and technology provider - on solutions they're employing to gain efficiencies and come out ahead at this unique time in history.
Moderator:
Amilda Dymi
Managing Editor, Web Editor
Mortgage Servicing News
Panelists:
Daniel B. Gotlieb
Loss Mitigation
Desert Schools Credit Union
Steven R. Paton
SVP Loan Administration
Marix Servicing LLC
Alex Santos
Managing Director & COO
Digital Risk
2:30 PM - 3:15 PM
Beyond Loan Mods - What is the Optimal Resolution?
When to accept, or not, a short Sale, Deed In Lieu of Foreclosure and other options to employ.
Moderator:
Jennifer Harmon
Editor
Managing REO
Panelists:
Donna Krall
EVP, National Operations
Heart Financial Services
Cheryl Lang
Chief Executive Officer
Integrated Mortgage Solutions
Joseph (Joe) C. Smith II
President & CEO
Default Mitigation Management LLC
3:15 PM - 3:30 PM
Break
3:30 PM - 4:15 PM
Life After Loss Mitigation
New approaches to handling REO
Moderator:
Jennifer Harmon
Editor
Managing REO
Panelists:
Rob Bridges
General Counsel/VP Operations
Williams & Williams
Jeb Ebbott
Managing Director
Paramax Capital
Jeff Freud
Founder & Owner
LoanMarket.net