BUSINESS OPERATIONS TRACK: Financial and Operational Considerations in the Servicing Retained/Released Decision in a Volatile Market
Hear from a diverse panel of servicing experts discussing the current trends in the retained/released decision and servicing in house or using a sub-servicer including the financial and operational opportunities and challenges. Discussion includes the increased use and emphasis on data to help serve the long-term needs of borrowers and the differences between Fannie Mae, Freddie Mac and Ginnie Mae servicing.
Speakers
Moderator
With extensive experience in mortgage banking and mortgage servicing, Seth Sprague leads the Mortgage Banking Consulting Services practice at Richey May. A sought-after speaker, he often speaks on liquidity and the overall challenges in the mortgage industry. Sprague joined Richey May from the STRATMOR Group where he was a principal. Prior to joining STRATMOR, he was EVP of Trading and Analytics at Phoenix Capital. Sprague also served as SVP, Servicing Asset Manager at SunTrust Mortgage for more than 10 years, where he developed and led their servicing rights valuation team. His career also includes accounting, analytics and auditing roles at Bank of America, KPMG LLP, and United Financial Inc. Seth holds the designation of Certified Mortgage Banker (CMB) from the MBA.
