Virtual Online Meeting!
Using a loan servicer seems like a no-brainer. For a reasonable monthly fee, they collect payments, send statements, keep records, handle payer inquiries, and send tax statements.
But… is that all they do... or is there (much) more to it?
Sadhna Cordell is the Chief Operating Officer for Madison Management Services.
In addition to providing loan servicing in 48 states and Puerto Rico, Madison is licensed to originate loans in 37 states and can underwrite and in most states – prepare Dodd-Frank-compliant origination documents.
Sadhna will discuss:
- What is loan servicing and why in many cases it is a critical service for investors
- What to look for in a loan servicer
- How are loan servicers licensed and why is it important?
- What happens when a loan goes “non-performing”
- What are the differences between notes secured by owner-occupied vs non-owner-occupied real estate?
- What’s the difference between “loan origination” and “loan servicing”
Most importantly she will answer your questions... and we promise these won’t be the “well I heard on another Facebook page that you can do that” answers we all see on social media.
Join us on September 26th and learn what you always needed to know about loan servicing, but didn’t know you needed to know.