Episode 5: Loss Mitigation: Navigating Operational Challenges in a Pandemic Environment

Banking Compliance Insights By Wolters Kluwer

By: Samir Agarwal - https://www.wolterskluwer.com/en/experts/samir-agarwal,
And Special Guest Chris Zimmerman - https://www.linkedin.com/in/chris-zimmerman-61b2929/
Banking Compliance Insights, a podcast series created to deliver insights on compliance trends and strategies for navigating today's regulatory and risk environments. Our Episode 5 takes a deep dive into what to expect at the end of allowable forbearance periods required under the CARES Act.
Coverage highlights:
- The wave of borrowers that will be required post forbearance workouts.
- Servicers concerns about the capacity to handle the impending wave of loss mitigation workouts.
Wolters Kluwer® Vice President, Banking Compliance Solutions Samir Agarwal interviews Chris Zimmerman, a product manager for servicing technology solutions, on strategies for operationalizing servicing in a remote environment. He will also offer workflow solutions to assist your institution with multiple pandemic-driven challenges, including an influx of loss mitigation workouts.
Podcast Product Spotlights
Here are some of the ways Wolters Kluwer is helping servicers during this time.
Expere® Servicing & Loss Mitigation, https://www.wolterskluwer.com/en/solutions/expere/expere-servicing/expere-loss-mitigation
Printing and Mailing Services - https://www.wolterskluwer.com/en/solutions/compliance-documents/document-mailing
Wolters Kluwer E-Sign - https://www.wolterskluwer.com/en/solutions/esign
Consulting Services - https://www.wolterskluwer.com/en/solutions/advisory-services/compliance-management,
Fair Lending Wiz - https://www.wolterskluwer.com/en/solutions/wiz/fair-lending-wiz, and
OneSumX® for Regulatory Change - https://www.wolterskluwer.com/en/solutions/onesumx-for-compliance-program-management/onesumx-for-regulatory-change-management
Want customized compliance strategies? Sign up for a custom demo by clicking https://www.wolterskluwer.com/en/about-us/organization/governance-risk-and-compliance
Listen to more Banking Compliance Insights by Wolters Kluwer here https://bit.ly/2G8Flso
For more information and additional guidance, please visit www.WoltersKluwer.com or call 1-800-397-2341. Please join us for future podcasts focused on navigating emerging trends in regulatory compliance.
DISCLAIMER: The information and views outlined in this Wolters Kluwer Financial Services’ communication are general in nature and are not intended as legal or professional advice. Although based on the law and information available as of the date of publication, general assumptions have been made by Wolters Kluwer Financial Services that may not take into account potentially important considerations to specific businesses. Therefore, the views and information presented in Wolters Kluwer Financial Services’ communication may not be appropriate for you. Readers must also independently analyze and consider the consequences of subsequent developments and/or other events. Readers must always make their determinations in light of their specific circumstances.