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What You Need to Know About Servicing

What You Need to Know About Servicing

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Agenda topics include:

  • Servicing Basics
  • Servicing Reminders
  • Borrower Portal
  • Servicing Functions
    • Repairs, LESA, NBS, Partial Prepays, Maturity Events, Payoffs
  • Servicing Documents
    • Welcome Booklet, LOC Draws, Monthly Statements, Occupancy Certificates, Condolence Letters

NOTE: THIS COURSE IS NOT APPROVED FOR CRMP CREDIT. 

Course Content

What You Need to Know About Servicing

Published by

Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.