On Wednesday, July 25, 2018, the Five Star Institute’s Disaster Preparedness Summit at the Hyatt Regency in Dallas, Texas will focus on strategizing best practices for servicers for future disaster response. Hosted by DIMONT [1], and Five Brothers Asset Management Solutions [2] the invitation-only Summit will bring together representatives from the mortgage servicing industry along with government representatives from Fannie Mae [3] and FEMA [4] to collaborate on strategizing best practices for future disaster response.
The summit is co-hosted by Auction.com [5], Apex Asset Management Group [6], ArkForecast [7], Cyprexx [8], DLS Servicing Consultants [9], Laudan Properties [10], Mortgage Contracting Services [11], Vacant Property Specialists [12], RES.NET [13], and WeatherCheck [14]. It will focus on answering questions like, how can servicers better communicate with homeowners in the aftermath of a disaster? What changes can be implemented to help combat fraud? How can the industry work to improve cohesion, understanding, and speed to execution?
Some of the key topics that will be discussed include a review of 2017's disaster impact, the outlook for 2018 disaster areas, how to service loans in impacted areas, and strengthening the relationship between servicers and customers.
Here's what else is in store in The Week Ahead:
- NAR Existing Home Sales, Monday, 10 a.m. EST
- FHFA Home Price Index, Tuesday, 9 a.m. EST
- MBA Mortgage Applications, Wednesday, 7 a.m. EST
- New Home Sales Report, Wednesday, 10 a.m. EST
- Freddie Mac Mortgage Rates, Thursday, 9 a.m. EST
- GDP, Friday, 8:30 a.m. EST
Learn more about Disaster Preparedness and other housing trends:
Mortgage Servicing Industry Braces for Next Disaster [15]
HUD Greenlights $5B Texas Disaster Recovery Plan [16]
Pending Home Sales Underperform for Fifth Straight Month [17]