Effective in October 2017 and April 2018, the rules for servicing mortgages are changing. If your institution services residential mortgage loans, you will be impacted. In this session, we will focus on the changes that apply to all servicers. This webinar will cover determining whether your institution is eligible for the small servicer exemptions given the criteria are changing. We'll analyze identifying and confirming successors in interest while tackling how to respond to requests for information from a successor in interest or when Fannie Mae or Freddie Mac has an interest in the loan. After the webinar, you'll be able to revise your force-placed hazard insurance notices for situations where the borrower’s insurance is insufficient and understand how to accurately credit payments when the loan is subject to a temporary loss mitigation program or a permanent loan modification.
Continuity is a leading provider of Regulatory Technology (RegTech) solutions that automate compliance management for financial institutions of all sizes. By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk at a fraction of the cost. Our solutions are designed to automate all aspects of compliance management, from interpretation of regulatory issuances through intuitive task delegation, vendor management, and board reporting. Continuity serves hundreds of institutions across 40 states.