Servicers must adjust operation policies to meet HUD conveyance deadlines and avoid delays

Reconveyances are one of the biggest challenges mortgage servicers face. With constant changes in leadership, guidelines, HUD vendors and the interpretations of regulations, servicers face significant hurdles with FHA loans. Michael Greenbaum, COO of Safeguard Properties, talks about the steps servicers can take to meet conveyance deadlines and the expansion of FHA’s CWCOT program.