Navigating through a new and rapidly changing marketplace can be difficult for lenders, servicers and sub-servicers. To make navigation through these rough waters easier, Asset Foreclosure Services and FIS Default Solutions companies specializing in default-oriented services—recently held their Third Annual Regional Default Workshop at the Disneyland Hotel in Anaheim, California.

The conference focused on educating attendees on topics such as new trends, tools needed in today’s marketplace and dealing with risk.
“Providing knowledge on successful default strategies was the primary focus of this year’s panel. When you are in a declining market, the risk factors become overwhelming, and finding new and innovative ways to address these hazards is the number one priority,” said Eli Tene, president of Asset Foreclosure Services (AFS), and panel member. “Attendees explored the necessity of early detection of problem borrowers as well as distressed areas.”