Recent Aspen Events

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SFIG Vegas 2018

SFIG_vegas_2018Las Vegas, NV (February 25-28)
SFIG and co-host IMN hosted the largest capital markets conference in the world at the Aria Resort & Casino in Las Vegas this February. The three-and-a-half day program was designed by leaders within the structured finance industry representing the full spectrum of industry participants, including investors, issuers, financial intermediaries, regulators, law firms, accounting firms, technology firms, rating agencies, servicers and trustees. Aspen executives were in attendance.

Some fascinating insights emerged from the conference, with Michael Bright, acting president of Ginnie Mae revealing that risk-sharing transactions could involve the private market taking credit risk on FHA loans in mortgage-backed securities (MBS) guaranteed by Ginnie. He noted that he would welcome the issue of at least one pilot transaction this year. One option he suggested for risk sharing on Ginnie Mae MBS might involve re-insurance on FHA mortgages, with substantially reduced mortgage insurance premiums for the loans with private-capital risk sharing.

150 150 Professional Services Team

NAMFS Leadership Summit & Open Forum

namfsDallas, TX (March 6-8)
The annual NAMFS Leadership Summit and Open Forum focused on the direction and opportunities available to the National Association of Mortgage Field Services. It involved two separate events—an invitation-only leadership summit and a forum that was open to all members.

Summit and Forum

The NAMFS Leadership Summit took place the day after the open forum on March 8 and featured discussion of the open forum topics, as well as a review of strategic initiatives for NAMFS. The Open Forum (March 7) was available to all NAMFS members and gave members an opportunity to bring their questions, feedback, and ideas to the NAMFS officers and board of directors. Aspen attended this event and contributed to the open discussion regarding industry-related issues. The main focus of the event was on working toward solutions rather than simply airing grievances.

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Elevate 2018 Highlighted Default Servicing

Grand America Hotel, Salt Lake City, Utah

February 13 – February 15, 2018

elevate_2018One of the main events of the year for the field services industry in 2018 is the Elevate conference. This is the first time the Elevate conference has offered a full schedule of key sessions specifically for the default servicing industry. These sessions focus on important technological developments in the sector and how participants can benefit from them.

Aspen Grove Solutions president, Ed Buckley, was asked to participate in a panel discussion on emerging technology trends on Wednesday, February 14. This group of industry thought leaders also included Xactware product marketing coordinator Kevin Gulbransen, Miles Preservation president and Professional Field Solutions principle Scott Gilbert, and NAMFS executive director Eric Miller.

Ed was asked for his views on the role of technology in regulation and compliance and the ways it could improve the flow of data to servicers in the future.

Industry Standard Background Check & Proof of Service

Ed’s presentation focuses on the tools Aspen has created to control and manage field service professionals and work orders. Aspen created the industry standard background check, which allows service providers to manage cost control & recovery, vendor oversight, reputation and compliance risk, quality, and community safety. Field service professionals now need just one background check to work for multiple vendors. When they are submitted for the background check, they receive a unique ABC# that identifies them without sharing personally identifiable information. Their compliance level is adjudicated from a level of IC01 to IC04 to accommodate varying client tolerance levels. They can then use Aspen’s mobile API technology to sign in with their ABC# at the property.

aspen irecord

The system offers full network visibility for service providers, with a clear line of sight from the institution to the individual who completes the work. This clearly documented format makes answering audit questions a breeze. Aspen also enables field service professionals to share their marketing profiles. Using Aspen iRecord’s private, cloud-based platform, service providers gain control over the costs of remaining compliant in a challenging regulatory environment.

Transformative technology is an area of key interest to Aspen, so we are delighted to participate in Elevate 2018. We strive to deliver solutions for service providers that integrate smoothly with field service models. We demonstrate how streamlined, technologically driven quality control allows service providers to establish real-time oversight and control over all of the assets and work orders they manage.

Elevate 2018 Contributors

The conference is organized by Xactware Solutions, which provides computer software solutions for building and repair estimation. Its flagship estimating system is Xactimate. The company also creates tools to estimate personal property and emergency repairs. Xactware president, Mike Fulton, will deliver the keynote address at the Elevate conference. “Elevating to the Latest InsurTech and EstimatingTech” will cover the ways in which his company is using the latest technology to transform insurance claims and property repair. Other speakers at the conference include organizational consultant Joseph A. Michelli, Spectrum Field Services’ Melissa Bunker, Professional Field Solutions’ Scott Gilbert, and Property Pres Wizard’s Bob Whelan and Matt Zoldowski.


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MBA National Mortgage Servicing Conference 2018

MBA_conferenceMBA’s National Mortgage Servicing Conference & Expo was the first must-attend event for Aspen in 2018. CEO Sean Ryan and President Ed Buckley attended the conference and had a most productive week in Dallas learning about the latest trends in servicing and strengthening Aspen’s connections in the industry. The agenda focused on innovation in mortgage servicing, including streamlining operations, automating processes, and simplifying the borrower experience.