When the Mortgage Collective convenes for its mortgage default services summit in May, topics like claims-driven property preservation, management of zombie foreclosure properties and HUD reconveyances will be on the table for discussion. But attendees won’t walk away with just notes and printouts of PowerPoint presentations; they’ll go back to their offices with new solutions and plans for how to attack common operational pain points plaguing investors, mortgage lenders and servicers and the various vendors who serve those parties. Keith Murray That’s because the organization of forward-thinking service providers and industry partners aren’t satisfied with merely talking about challenges related to mortgage originations and servicing, real estate services and default ma...
- The Mortgage Collective is dedicated to establishing “a truly disruptive solution for our industry,” according to Keith Murray, president and CEO of VRM Mortgage Services, the default servicing outsourcing solutions provider that created the group.
- “Bring us your challenge, and we will craft a solution that works,” said Brandon Kirkham, senior vice president of Business Expansion at VRM.
- Last fall, VRM University unveiled an online toolkit designed to help financial services businesses assess their compliance with Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aims to promote gender and racial diversity in the financial services industry.
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