A G E N D A

Thursday, April 19
2:00 p.m. - 3:15 p.m. EST

The Default & Foreclosure Climate: Edward W. Kirn III, Powers Kirn

A number of factors - including rising interest rates, flat or falling home prices and heavy volumes of adjustable-rate mortgage resets - have nudged nationwide delinquency rates higher and challenged servicers' loss mitigation efforts. How can servicers approach the most troubled areas of their portfolios in a proactive and cost-effective manner without sacrificing existing processes and controls?

Investors' Perspectives: Robert Padgett, Freddie Mac

A servicing organization's success is largely defined by the efficient management of distressed debt and attentiveness to investors' risk and loss assumptions. What does the investor community expect from servicing shops in today's tricky default servicing climate, and what procedures and strategies are investors recommending or refining to minimize losses?

Loss Mitigation & Legal Considerations: Richard M. Leibert, Hunt Leibert Jacobson

As a loan edges further along the default spectrum, the time, care and costs servicers expend increase exponentially. How can servicers best partner with counsel to manage timelines while still offering borrowers tenable loss mitigation solutions in the bankruptcy, eviction and foreclosure contexts?

In the Back Office: Default Servicing Strategies: Larry B. Litton Jr., Litton Loan Servicing

Collateral net present values, borrower and loan attributes, investor expectations and many other details influence servicers' loss mitigation methods and decisions. Within servicing shops, how have loss mitigation efforts evolved, and have these efforts been successful in minimizing losses and reducing REO inflows? Program Concludes