NPPC 2010 Summaries
Summaries
Monday, November 15
Vicki Bott Keynote Address
State of the Industry
HUD Part 1
Investor Update
HUD Part 2
Tuesday, November 16
PowerPoint Presentations
Monday, November 15
Tuesday, November 16
Video
Monday, November 15
Keynote: Vicki Bott (Full Video)
- Conference Opening
- Vicki Bott Introduction
- Keynote Address: Vicki Bott, HUD Deputy Director of Single Family Asset Management
- Actuarial Review
- Changes to HUD
- Defined Business Model
- Process of Selling REO
- Separating Preservation and Sales
- Internal REO Mentality
- Considerations for Demolition
- Contractor Assignment
- National Servicing Center
- Training Expansion
- Enforcement and Oversight
- Beyond FHA Borrower Activities
- Closing Remarks
Session 1: State of the Industry (Full Video)
- State of the Industry Opening
- Industry Challenges
- Robo Signing
- Retaining Occupancy and Moratoria
- Servicer Decision Making Processon Modifications
- Short Sales
- Low-Value Assets
- Improvements in Communication
- Public Perception
- Future of Property Preservation
- Closing Remarks
Session 2: HUD Part 1 (Full Video)
- Opening Remarks
- Panelist Introductions
- HUD Update
- Reverse Mortgage Servicing
- Bona Fide Leases and Conveyances
- Overallowables on Tenant Occupied Properties
- ARS Question: Detailed Scope of Work
- MCB Handling of Exceptions
- Hazard Insurance Claim Thresholds
- High Vandalism Areas and Guidelines
- ARS Question: Bid Cost Esimating Software
- ARS Question: Placing Property ICC
- ARS Question: Reduction in Bids Post ML 2010-18
- HUD’s Long-Term Cost Estimator
- MSB Plans for Enhancement
- Cost Estimators Aligning with Preservation World
- Cost Estimators and P260 Integration
- Partial Approvals: Documentation for MSB
- P260 HUD Overview
- ARS Question: Enhancements for P260
- Recommendations for P260 Enhancements
- Reductions in Bids Post ML2010-18
- Personal Property Removal
- ARS Question: Handling Personal Property Before Conveyance
- Liability Issues Regarding Personals
- Differing State Statutes
- Mortgagors Window of Opportunity to Claim Personals
- Personal Property Value Threshold
- Debris Removal Under ML2010-18
- Cash-For-Keys Reimbursement Increase
- Roof Repair Expectations In Inclement Weather
- Reconveyance Process
- Resolving Backlog
- Surchargable Damage and Reconveyance
- Extensions
- ARS Question: Interest In Joint Industry Training
- Closing Remarks
Session 3: Investor Update (Full Video)