SERVICING UPDATE (Part 4): Vendor Management, the "how to"

On today's broadcast, ALICE ALVEY of Mortgage-U and ANDY SCHELL of Mortgage Banking Solutions discussing VENDOR MANAGEMENT.  Did you know that it is now a requirement that you have policies and procedures for more closely managing your vendors?  It is your responisibility to make sure that the vendors, such as subservicers, are performing their duties and responsibilities according to the agreements/contracts in place and they are doing so in  a manner that is in compliance with today's regulations.  Today's broadcast is loaded with important information that you need to perform this important task. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.   On today's broadcast, ALICE ALVEY of Mortgage-U and ANDY SCHELL of Mortgage Banking Solutions discussing VENDOR MANAGEMENT.  Did you know that it is now a requirement that you have policies and procedures for more closely managing your vendors?  It is your responisibility to make sure that the vendors, such as subservicers, are performing their duties and responsibilities according to the agreements/contracts in place and they are doing so in  a manner that is in compliance with today's regulations.  Today's broadcast is loaded with important information that you need to perform this important task. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.