Large Property Lender Placement Considerations Webinar

 

Large or Complex Property Lender Placement Considerations and Market Outlook

Join HUB Financial Services for a focused 60 minute webinar examining the complexities around large (value) property lender placements within the context of current LP-REO market conditions. This webinar will focus on the challenges present when loans secured by large replacement cost value properties need to be lender placed to protect the lender/servicer; especially when those property RCV’s exceed the maximum coverage limits under lender placed-REO master policies. Chief Strategy Officer, Chris Riley, will provide expert insights into the current marketplace including how we arrived at this juncture as well as best practices when identifying and evaluating these scenarios inclusive of planning and risk considerations. We will look at recent real world examples across the client base from large to community sized financial institutions. The session will conclude with a live Q&A to address participant questions.

Who Should Attend

  • Presidents & CEOs, CFOs, CROs
  • Operations Managers
  • Loan Servicing and Special Asset Team Leadership

Agenda


  • Collateral Protection Structures and Maximum Limits under LP-REO Master Policies.
  • Market mechanisms for lender placed / REO coverage on properties exceeding maximum values and/or properties that may be excluded from coverage such as certain agricultural buildings (Chicken Houses, etc…).
  • Additional data elements are usually required as well as satellite / jet imagery and “drive by inspection” requirements.
  • Risk from a lack of coordinated planning or understanding.
  • This isn't just a “Large” financial institution problem, community sized lender concerns.
  • Pricing vs “estimated hold time” considerations.
  • Next steps and planning.

Register for the Webinar.

Meet the Presenter

Chris Riley

Chief Strategy Officer, HUB Financial Services 

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