Current Issues in Credit Unions #30.

We’re back! Hal, Katherine and I enjoy a fun episode with special guest Matt Davis, the Credit Union Warrior. Here are the topics: –FACTA Update –Share insurance:  changes, resources and marketing issues –CUs, TARP and the bailout in general –SAFE Mortgage Licensing Act –ATM agreements with third parties –Social media and credit unions update. (The…

Collection Symposium Part 1

This is Sara Donnersbach’s part of a recent WWR Collection Symposium.  Is there such a thing as preventing a charge-off and identifying a defaulting account before non-payment? What options do you have to collect when payments stop? Is debt reform really a fix? This seminar covers basic collection and probate recovery and provides information on…

When Bad Things Happen to Those With Good Intentions

This article by Jennifer Monty recently appeared in both Servicing Management News and Mortgage Orb. By: Jennifer M. Monty, Esquire   Loss mitigation is the new mantra of any servicer. With slumping housing markets and economically depressed customers, loss mitigation offers a solution for everyone. Skyrocketing real estate owned inventory, vacant properties that are devaluing daily and…