|Event Date||Sat Jun 12 EDT (4 months ago)|
Do you know your current mortgage delinquency numbers? Months of minimal collection efforts and generous forbearance agreements combined with regulatory ambivalence and government-relief efforts have reduced the economic impact on many borrowers. Learn about the 2021 climate forecast and the workout possibilities.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Understand the essential elements of real estate collections
• Take a systematic approach to real estate collections
• Appreciate the impact of new lending rules on real estate collections
• Evaluate the range of workout possibilities
• Avoid the most common real estate collection landmines
Every delinquent loan is important, but real estate loans take top priority because of their size and complexity. Nothing is ever easy with a bad real estate loan. Between mounting regulations and a troubled borrower sits the financial institution – stuck in the middle with its balance sheet increasingly at risk. In addition, lawmakers, regulators, and consumer protection attorneys are keeping an eager eye on your real estate portfolios, particularly the collections and foreclosure processes.
There’s too much at stake to lose rescue opportunities for real estate loans or make fatal errors during foreclosure. This interactive session will walk your team through the hazy labyrinth of laws, rules, regulations, and best practices surrounding the real estate collections process. From understanding the best communications methods and tactics, to appreciating the most effective recovery strategies, this session is sure to provide valuable guidance and insight that will save time, effort, and money! Join us for a tour through the new world order of managing mortgage delinquency.
Attendance certificate provided to self-report CE credits.
David A. Reed
JD, Reed & Jolly, PLLC