This 55-minute
Recorded Webinar,
available 24/7 will provide an overview of default management-related challenges and best practices for the Servicer Performance Profile. This is one in a series of recorded webinars designed to help your servicing staff that perform default management processes.
You may participate in any one or all related Solving Default Management Servicing Challenges sessions listed below depending on your business needs:
To enable participants to understand and recognize common default management servicing challenges regarding the Servicer Performance Profile with a focus on implementing industry best practices to address these challenges and improve overall servicing performance.
Topics:
Servicer Performance Profile (SPP) Overview
How to obtain, analyze, and use the SPP report
Review the nine individual criteria, weights, and measures for the default management portion of the SPP
Tips and best practices for maximizing points for each of the following criteria o
Collections
Early Collections
Late Collections
Loss Mitigation
Workout to REO Ratio
Foreclosure
Actual Foreclosure Timelines Including Delays
Inventory Past Standard Severity
Data Integrity
Initial EDR Edits
Sixth Business Day Edits
Accuracy of DDLPI Reporting
Average Number of Days to Report Foreclosure Sales
Solving Default Challenges: Servicer Perf Profile