Default management has changed dramatically in the past year, even if measured only by the higher number of delinquent accounts servicers now face. But other factors, such as heavy borrower debt loads and a weak housing market, are also complicating matters. This Web-based seminar will offer default managers and their staffs sharp observations and practical advice that will help them confront their delinquent portfolios. Expert panelists will discuss issues related to borrower interactions, collateral valuations, collections and service-provider partnerships.


David Rasmussen

David Rasmussen is senior vice president of Veros. Rasmussen has been involved with mortgage technology, automated valuation models (AVMs) and mortgage-related analytic products for more than eight years. He joined Veros during the fall of 2002 and is responsible for the sales and distribution of Veros' mortgage-related products. Before joining Veros, Rasmussen worked as vice president, operations, for a major AVM provider and was responsible for all daily operations, contracts, pricing strategies and quality control.

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Nick Maimonis

Nick Maimonis is vice president of default management for Graystone Solutions, a national provider of mortgage servicing and business process outsourcing to more than 20 financial institutions. Maimonis has more than 27 years of experience in mortgage servicing and collections management, having previously served as collection manager at Shawmut Mortgage Corp., a consultant to Fannie Mae's loss mitigation department and collection manager at US Trust Bank.

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Edward R. Delgado

Edward R. Delgado is a senior vice president in Wells Fargo Home Mortgage's servicing operation. His key responsibilities are to lead information management and portfolio analytics, as well as provide strategic direction to the company's mortgage default operations. As part of his duties, he oversees management information; business operations support; agency relations; default application support and development; market analysis; and research, business modeling and forecasting. Delgado joined Wells Fargo in 2003. Prior to that, he was an executive at the Freddie Mac. He currently serves as an advisor to the Housing Policy Council of the Financial Services Roundtable, providing policy counsel to the HOPE NOW alliance.

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Kevin R. Schlumpf

Kevin R. Schlumpf is the managing director of CSC's EarlyResolution business unit within its Financial Services Sector, responsible for sales, marketing, product development and services delivery of the EarlyResolution product suite to the consumer lending industry. Previously, Schlumpf was a partner in CSC's Consulting Group, where he had responsibility for the financial services solutions portfolio. He has nearly 20 years of consulting experience in information technology and operations, with a background in sales, account management, professional consulting and program management.

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