Washington, DC (PRWEB) March 29, 2012
The Collingwood Group (Collingwood) is pleased to announce its second in a series of industry conference calls – FHA Servicing Compliance, being held on Thursday, April 12, 2012.

This get in touch with will concentrate on FHA servicing compliance including how FHAs Top quality Assurance Division conducts on-website servicing compliance reviews and the sanctions they could request for violations of FHA specifications. As an example, requests for indemnification are not exclusively for loan origination violations but can also be levied against servicers. Senior consultants from Collingwoods Danger Management and Compliance Division will go over these topics and other typical findings from the QAD compliance reviews, as well as the loss mitigation waterfall and what documentation you want to retain to be compliant.

There are many applications in spot – which are in truth mandated by FHA – to support mitigate losses, beginning with early intervention to aid market house retention, moving by means of different measures and alternatives like loan modification, and going all the way to foreclosure, when essential, said Brian Montgomery, Collingwood Group Chairman and former FHA Commissioner. How servicers can – and ought to – deal with these circumstances will be the principal focus of this market contact, with a purpose of offering details that is timely, insightful, and beneficial.

The get in touch with, offered at no price to participants, will be led Brian Montgomery, who will moderate a discussion amongst Karen Garner, Collingwood Group Managing Director and former HUD compliance manager, and Earl Greer, Senior Consultant for Collingwood and former Field Monitor for FHAs Top quality Assurance Division.

FHA has improved the number of on-website evaluations at servicers over the past many years. It is not unusual for a servicer with years of organization to be experiencing their initial FHA servicing overview, stated Garner. With elevated emphasis on servicing compliance by FHA, the CFPB, OCC and other regulators, now is the time to guarantee that you know what to count on and have policies and procedures in spot to minimize the risk to your firm.

Collingwoods Danger Management and Compliance Division is sharing info on an ongoing basis with Collingwood clients and other sector colleagues. Its very first call FHA Enforcement: Myths, Misconceptions and Facts, focused on FHA Enforcement, Top quality Assurance and Inspector General testimonials, and the Mortgagee Evaluation Board. A summary of that call is accessible on Collingwoods web site at http://www.collingwoodllc.com.

About The Collingwood Group
The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based organization advisory firm focused on increasing consumers companies, promoting revenue development and increasing investment returns. The firm is led by Chairman Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner, and Vice Chairman Joe Murin, former President and CEO of Ginnie Mae. Both played main roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to economic markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs Ginnie Mae securitization activities domestic and international secondary market activities and issues main and particular servicing full asset lifecycle vendor and talent management and all components of portfolio due diligence, acquisition, home management and asset disposition.

Visit http://www.directeventreg.com/registration/occasion/64180522 for additional info on The Collingwood Groups April 12, 2012 conference call FHA Servicing Compliance or to register for the get in touch with.





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