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Servicers, are you prepared for hurricane season?

With 2022’s hurricane season having officially begun on June 1, experts are cautioning the country that this year may be more active than average. According to the World Research Institute, global temperatures have risen by 1.1ºC so far and we are already seeing an increase in natural disasters such as flooding, hurricanes and wildfires.

Property preservation providers are an important part of helping mortgage servicers and investors protect their assets, especially in the event of a natural disaster. From providing consultation to staying compliant with regulatory requirements, field services providers serve crucial and necessary roles.

This white paper will outline the current challenges for servicers and investors managing properties in a portfolio, including the threat of increased natural disasters, and how field services professionals can protect assets in the face of severe weather events while advising mortgage servicers on the ground.

Publisher: ServiceLink
Date: July 2022

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