HousingWire’s HOA Symposium is a FREE opportunity for servicers and investors to gain insight and speak directly to key program and policymakers along with ratings agencies in regards to understanding expectations and implementation of HOA servicing guidelines and HOA risk management.
Attendees will learn:
The prevalence and upward trajectory of HOAs in the US
The financial risk (i.e. losing first lien) to servicers and investors
Investor and servicer guidelines that pertain to HOA risks
What processes and risk mitigation strategies are needed to fulfill guidelines
HOA Account Reconciliation – tabulating HOA account payoff for short sales, post-foreclosure and deed-in-lieu, and identifying how much servicers/investors have to pay vs. what they are initially invoiced
HOA risk as a new component for servicer
The need for a centralized HOA database and standardized data exchange practices
The need for proactive HOA account monitoring post loan origination
Registration is free, but your RSVP is requested as soon as possible: space at the HOA Symposium is limited to the first 150 qualified industry professionals to RSVP for this special event.
While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.
Amid the potential new direction from the White House, Congress and regulators, leadership in our industry is more important than ever. Which is why HousingWire is proud to present the 40 winners of our 2016 Vanguard award. These leaders from all segments of the mortgage ecosphere demonstrate that our industry is more than capable of meeting the challenges that lie ahead.
The marketplace is full of hard and private money lenders — it will come down to who can best assist investors in completing their goals, whether that be by providing quicker close times, or with more accurate valuations. With how many options there are for borrowers, lenders will need to start competing for marketshare as borrowers shop their situations to multiple lenders, leveraging the offers against each other. This process will force lenders to update their guidelines, or be forced out of the market.