Home / Daily Dose / Flagstar SVP: Low Volume “Tension”
Print This Post Print This Post

Flagstar SVP: Low Volume “Tension”

What are some of the biggest challenges and changes facing default servicing? At the 2019 Five Star Conference and Expo and how Courtney Thompson, SVP, Director of Default Servicing Operations at Flagstar Bank spoke with DS News on these subjects. According to Thompson, the biggest challenge for default servicers right now is volume.

"In a lower volume environment, I think it creates a tension where we don't have all the resources we need to prepare ourselves for when there is more" said Thompson.

 

About Author: Seth Welborn

Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.
x

Check Also

Wells Fargo Names New COO

From Scott Powell's appointment as COO at Wells Fargo to over $1B in funding from First American Title Insurance, get the latest updates in this Industry Pulse.

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.