Subservicer Oversight- Understanding Your Role
Does your organization currently utilize a subservicer or has been thinking about utilizing a subservicer? Do you ever wonder if that relationship is being monitored appropriately and servicing expectations are being met? In this session presented by Richey May and Co., we will examine what it takes to monitor a subservicer and discuss various recommendations for successful oversight. Additional topics will include recent trends, compliance, the focus of examiners, interim servicing and the overall benefits of proper subservicer oversight.
Richey May and Co. is a nationally recognized leader in the mortgage industry, providing specialized audit, tax and business advisory services to many lenders throughout the country. Richey May has developed a comprehensive subservicer oversight review program for lenders. Their goal is to assist lenders with their oversight responsibilities and bring clarity and actionable information to the process.