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Items Tagged with 'field services'

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From HW Magazine

How mobile technology is changing the game for property preservation

The rise of the machines
Investors today crave certainty, the kind that results from lots and lots of data points. To provide that degree of assurance, field service providers have taken data collection to a whole new level. Just in the last 12 months, the explosion of available real-time data is driving a new model of field servicing that would have been unrecognizable in the past.
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Meeting the biggest challenges in field servicing

Q&A with Alan Jaffa, CEO of Safeguard Properties
The biggest challenge in field services is the ever-changing regulatory environment and scrutiny the mortgage servicing industry is under, according to this Q&A with Alan Jaffa, CEO of Safeguard Properties. But that's just the beginning.
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ZVN Properties launches hazard claim services

Adds Brad Bordelon to lead new business line
The hazard claim business line will be based in Dallas, TX, and will be lead by industry veteran Brad Bordelon. Bordelon brings experience in hazard insurance claims, inclusive of property catastrophe adjusting and construction management to his new position with ZVN.
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NAMFS examines how legislation is affecting field services

A field services perspective on passed and pending legislation
Simply put, property preservation work includes, but is not limited to, securing the property, removing debris and mowing the lawn. However, this simplified definition does not begin to scratch the surface of the broad, and often complex, range of services performed by field services providers.
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Mortgage servicers trend toward multiple field-service providers

Is it time to spread out the grunt work?
With so many changes taking place in the default servicing arena, with heightened focus on regulations and compliance issues, one solution being chosen by some lenders, servicers and investors is to contract with multiple field service providers, rather than a single “national” provider.
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SecureView lands giant Fannie Mae field-services deal

Certain states must now use clear "boards"
Good news for SecureView: The company landed a giant deal with Fannie Mae, which is officially requiring vendors to install the distinct, clear boarding to secure vacant properties. The contract is being rolled out, gradually, in many states.
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Are we facing yet another foreclosure crisis?

Property preservation remains vital component to default servicing
Despite numerous reports indicating that there has been a deep decline in foreclosure inventory over the past several months in many markets, the reality, as chronicled in several articles recently penned by this author and others, is that foreclosure rates are very likely to rise again in the not-too-distant future.
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