FREE Webinar

4 things every HECM pro Should Know about

LOAN SERVICING

FREE Webinar

4 things every HECM pro
Should Know about

LOAN SERVICING

Webinar Registration:

Title: 4 Things Every HECM pro should know about loan servicing

Date: Wednesday, March 27th

Time: 1:00 pM PST

Duration: 1 Hour

Experience: All Levels

This webinar sponsored by Mutual of Omaha Mortgage

Summary

Join our special guest and presenter Jared Skrabala as he provides key insights into the loan servicing process and how reverse mortgage originators can best prepare homeowners and avoid common servicing pitfalls.

In this webinar you’ll learn:

  • Annual Occupancy Certifications: The impact of recent changes and what originators must know.

  • Death Defaults: An overview of the death default process, the options available to the estate, and the importance of estate planning.

  • Property Charges: Understanding how a LESA (Lifetime Expectancy Set Aside) works and its limitations. The importance of property charge payments to loan servicers.

  • Repairs & Loss Draft: What is a loss draft? What is the process when a loan requires a repair set aside?

Speakers

Shannon Hicks

Moderator / Presenter

HECMWorld | Reverse Focus

Jared Skrabala

Presenter

Servicing Oversight and Asset Management for Reverse Market Insight (RMI)

About Our Presenter Jared Skrabala

Jared is an industry expert who started as an underwriter in reverse mortgage in 2008 before transitioning to servicing and servicing oversight in 2012.

Jared was responsible for helping create, enhance, and lead oversight programs for some of the largest issuers and servicers in the space. Jared is proficient with regulations for government insured loans, well versed in late-stage default servicing, and has extensive experience with contractual claim evaluation.

Prior to joining RMI, Jared held various leadership roles at Bank of America and Reverse Mortgage Funding. Jared is a graduate of the University of Illinois at Urbana-Champaign with a Bachelor of Science in Business Administration.

This webinar sponsored by Mutual of Omaha Mortgage

Summary

Join our special guest and presenter Jared Skrabala as he provides key insights into the loan servicing process and how reverse mortgage originators can best prepare homeowners and avoid common servicing pitfalls.

In this webinar you’ll learn:

  • Annual Occupancy Certifications: The impact of recent changes and what originators must know.

  • Death Defaults: An overview of the death default process, the options available to the estate, and the importance of estate planning.

  • Property Charges: Understanding how a LESA (Lifetime Expectancy Set Aside) works and its limitations. The importance of property charge payments to loan servicers.

  • Repairs & Loss Draft: What is a loss draft? What is the process when a loan requires a repair set aside?

Webinar Registration:

Title: 4 Things Every HECM pro should know about loan servicing

Date: Wednesday, March 27th

Time: 1:00 pM PST

Duration: 1 Hour

Experience: All Levels

Special Guest Speaker:

Jared Skrabala

Presenter

Servicing Oversight and Asset Management for Reverse Market Insight (RMI)

Host/Moderator:

Shannon Hicks

Moderator / Presenter

HECMWorld | Reverse Focus

About Our Presenter Jared Skrabala

Jared is an industry expert who started as an underwriter in reverse mortgage in 2008 before transitioning to servicing and servicing oversight in 2012.

Jared was responsible for helping create, enhance, and lead oversight programs for some of the largest issuers and servicers in the space. Jared is proficient with regulations for government insured loans, well versed in late-stage default servicing, and has extensive experience with contractual claim evaluation.

Prior to joining RMI, Jared held various leadership roles at Bank of America and Reverse Mortgage Funding. Jared is a graduate of the University of Illinois at Urbana-Champaign with a Bachelor of Science in Business Administration.