Lyons McCloskey showcases Attorney Oversight expertise at the 2023 Legal League Spring Servicer Summit
In May, Lyons McCloskey joined forces with industry leaders to present at the 2023 Legal League Spring Servicer Summit. The conference gathers a diverse group of mortgage service professionals and this year was no exception!
In the ever-evolving mortgage servicer landscape, staying ahead of the curve is paramount. Our success hinges not only on our skills and expertise but also on our ability to connect with others in the industry and expand our knowledge base.
The team at Lyons McCloskey always makes a point of lending our unique industry perspective to these events.
Fresh Insights and Perspectives
The agenda included educational sessions addressing key issues impacting mortgage servicers. One of the notable highlights was the Attorney Oversight and Compliance Panel.
Mark Atencio, Lyons McCloskey's Executive Vice President, was one of the panel’s speakers along with Ryan Bourgeois (BDF Law Group), Michael Merritt (BOK Financial), Melissa Black (PennyMac Loan Services), and Tony Van Ness (Van Ness Law Firm).
The experts offered enhanced insights on best practices for Mortgage Servicer Compliance.
With his expertise, Mark delved into solutions and perspectives on:
Technology Security Requirements
Cybersecurity Trends
ADA Compliance
Onsite versus Remote Auditing
Mark also touched on Lyons McCloskey’s Attorney Oversight Audit Program which allows servicers to access Attorney Audits based on the criteria developed through the Mortgage Bankers Association (MBA) Law Firm Oversight Initiative. It’s an economical way for servicers to identify risks and ensure attorney performance.
Interested in streamlining your compliance? Reach out to matencio@lyonsmccloskey.com for additional information on our Attorney Oversight Program.
Current Market Conditions
The information sessions offered innovative solutions for the current challenges facing the mortgage servicer industry. Conversations ran the gamut, digging into managing delinquencies and foreclosures to the impact of regulatory changes on mortgage servicing. During economic downturns there will always be challenges in mortgage servicing. It’s a good reason to gather with peers passionate about the industry to collaborate.
Establish Meaningful Relationships
One of the most significant advantages to attending an in-person conference will always be networking. It opens the door for potential collaborations, partnerships, and meaningful connections with industry leaders and peers.
The Spring Servicer Summit drew so many individuals of diverse backgrounds, experiences, and perspectives from across the Industry. From mortgage servicers to lenders, federal government agencies to financial services law firms, participants had the chance to interact with industry professionals they might not otherwise encounter. It proved to be an invaluable opportunity for knowledge sharing among like-minded professionals in the Mortgage Servicing space.
The 2023 Legal League Spring Servicer Summit, with the active participation of Lyons McCloskey, proved to be a highly successful event.
Attendees had the opportunity to engage in knowledge-sharing, gain valuable insights from industry experts, and contribute to the advancement of the mortgage servicing industry.
Hope to see you at the next one!