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.
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.
- 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
- Real estate workout worksheet
- Regulatory guidance
- Examination guidance
- Employee training log
- Interactive quiz
WHO SHOULD ATTEND?
This session is designed for executives, managers, internal auditors, lending staff, collections managers, collectors, compliance officers, and anyone involved in the real estate collections and foreclosure processes.
ABOUT THE PRESENTER – David A. Reed, JD, Reed & Jolly, PLLC
Attorney, author, consultant, and nationally recognized speaker, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.
- Live Webinar - $245
- Recorded Webinar and Digital Download - $245 plus tax
- Live Webinar, Recorded Webinar and Digital Download - $320 plus tax