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Servicers Converge in California

MBA servicing conference opens in San Diego

Feb. 23, 2010

By staff

U.S. mortgage bankers kick off their annual servicing conference today in San Diego. Several sessions offer insight into litigation issues faced by mortgage servicers.

The event, SERVICING 10 - National Mortgage Servicing Conference & Expo, starts today and runs through Friday.

The conference is being hosted by the Mortgage Bankers Association at the Manchester Grand Hyatt.

The convention is geared towards residential mortgage loan servicers -- including their senior management, servicing managers and other servicing personnel. Also expected to be in attendance are attorneys and other service providers.

Several scheduled panels include Challenges and Opportunities for Special Servicers; Loan Defaults - The New Fraud Dream; and Default Super Session.

photo of Manchester Hyatt
Manchester Grand Hyatt photo of facility

Among sessions covering mortgage litigation are Judicial Activism - Roots and Resolutions; Foreclosure Law Update; and Navigating Loss Mitigation Litigation.

Manchester Grand Hyatt photo of conference hall

"As current market conditions are changing the way companies do business, the most successful servicing professionals are pooling knowledge, information and resources and learning to work proactively with borrowers to reduce the increasing numbers of foreclosures and defaults and maximize the bottom line," MBA says in promotional material for the event. "Your attendance is vital to your success by helping you understand the latest regulatory and legislative changes and streamline operations."

Unlike some previous MBA events -- including one where former Countrywide Home Loans chief Angelo Mozilo interviewed former President George H.W. Bush -- there are no marquee names on the list of speakers for this year's servicing conference.

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