Reducing Mortgage Delinquency: Being Proactive While Protecting the Bottom Line

Date:

Apr 18, 2024

A shifting real estate market and the impact of rapidly rising interest rates have shaken the very foundation of your portfolio. Fears of a bubble burst are growing. Are you prepared for what happens next? Join veteran attorney and collections guru David Reed as he walks you through the new world order of managing mortgage delinquency.

Every delinquent loan is important, but real estate loans must take top priority because of their size and complexity. You have mounting regulations on one side, a troubled borrower on the other, and the financial institution stuck in the middle with its balance sheet increasingly at risk. It gets worse. Lawmakers, regulators, and consumer protection attorneys are keeping an eager eye on your real estate portfolio and particularly your collections and foreclosure processes to “protect” the consumer.

Your institution has too much at stake to miss rescue opportunities for real estate loans or make a fatal error 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 communication methods and tactics to appreciating the growing benefit of data analytics, this session will provide valuable guidance and insight that will save time, effort, and money!