ComplianceAugust 11, 2020

Episode 5: Loss Mitigation: Operational Challenges in a Pandemic Environment

By: Samir AgarwalChris Zimmerman

Banking Compliance Insights is a podcast series created to deliver insights on compliance trends and provide strategies for navigating today's regulatory and risk environments.  In Episode 5, we take a deep dive into what to expect at the end of allowable forbearance periods required under the CARES Act. During the podcast, our experts will discuss:

  • The wave of borrowers that will require post-forbearance workouts.
  • Servicers concerns about the capacity to handle the impending wave of loss mitigation workouts.

Wolters Kluwer® Banking Segment Leader Samir Agarwal interviews Chris Zimmerman, a Product Manager for Servicing Technology Solutions to provide best practices for operationalizing servicing in a remote environment. They will also offer strategies and policies to assist your institution with multiple pandemic-driven challenges, including an influx of loss mitigation workouts. 

Podcast product spotlights

Wolters Kluwer offers our award-winning Expere® Servicing & Loss Mitigation solution, which includes compliant documents needed to support Investor/Insurer loss mitigation programs, as well as documents required in the pre-foreclosure process. In addition to compliant documents, your institution can utilize Wolters Kluwer E-Sign solution to facilitate electronic signatures, and you can also engage our printing and mailing services. Wolters Kluwer supports servicers through our consulting services and Fair Lending Wiz®.

Where to Listen: iTunes/Apple Podcast | RSS.

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Banking Compliance Insights by Wolters Kluwer

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