HECM Servicing: The Insurance Loss Draft Process

HECM Servicing: The Insurance Loss Draft Process
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When a property is damaged by a fire, tornado, earthquake or, most recently, a hurricane, and your clients come to you seeking advice on how to properly handle the repairs, it’s important to understand the rules.

NRMLA’s Education Committee hosted a webinar with the industry’s top servicing experts to discuss HECM procedures for handling loss draft/property insurance claims.

Introductions: Neil Sweren, CRMP, Atlantic Coast Mortgage
Speakers include:

  • Leslie Flynne, SVP, Reverse Mortgage Servicing, Mutual of Omaha Mortgage Servicing
  • Jorie Kelly, SVP, Servicing Operations, Celink
  • Amber Steier, Manager, Property Insurance, PHH Mortgage Services

Published by

Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.