LOAN SERVICING
LOAN SERVICING
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?
Moderator / Presenter
HECMWorld | Reverse Focus
Presenter
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.
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?
Presenter
Moderator / Presenter
HECMWorld | Reverse Focus
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.