NAMFS Responds to the Industry

NAMFS is pleased to share Fannie Mae Servicing Guide Update SVC-2023-1. Included in the changes are increases to expense reimbursables for inspections and many property preservation services, which was the focus of the NAMFS Industry Pricing Initiative. F-1-05 contains the updated expense reimbursement table with the Inspection and Property Preservation allowables on pages 577-583 of…

NAMFS is pleased to provide this update to the Mortgage Field Services Industry regarding this important initiative. We encourage our members to share this information with their network. As previously reported, NAMFS was able to present our Mortgage Field Services Pricing Discussion and Industry Pricing Pledge to several Investors/Insurers starting in late March 2022. NAMFS…

JGM Property Group, Inc. (JGM) has won a five-year contract to provide field service management (FSM) services to the Department of Housing and Urban Development (HUD), Single Family Housing, Real-Estate Owned (REO) Division.    The scope of the Department of Housing and Urban Development’s FSM contract focuses on HUD-owned, foreclosed residential properties in the Alabama, Mississippi,…

NAMFS is pleased to provide this update to the Mortgage Field Services Industry regarding this important initiative. We encourage our members to share this information with their network. As previously reported, NAMFS was able to present our Mortgage Field Services Pricing Discussion and Industry Pricing Pledge to Fannie Mae (FNMA) on March 10, 2022.  At…

NAMFS is pleased to share two documents with our membership and the mortgage field services industry.  We encourage our members to share this information with their network. The first document, Mortgage Field Services Pricing Discussion, is the basis for conversations with the Investors/Insurers of our industry that set guidelines and allowables.  The basis of this…

The National Association of Mortgage Field Services (NAMFS) is pleased to announce a new strategic partnership with Gate House Strategies, LLC.  The goal of this partnership is to address the unique challenges and critical policy issues that impact the mortgage field services industry.  Many of these issues have been longstanding and change is necessary for…

NAMFS appreciates the opportunity to submit comments regarding the Consumer Financial Protection Bureau’s (CFPB or Bureau) proposed amendments to Regulation X.  We are the oldest and largest Mortgage Field Service trade association.  Our members provide services at properties in delinquency/default to support the mortgage default industry. They consist of field service providers, select servicers, software…

The National Association of Mortgage Field Services has formed a unique partnership with Pendella, a 50-state virtual insurance agency,to provide NAMFS Members and like industry partners with a broad portfolio of Member Benefits, including group health plans, individual income protection, and streamlined benefits administration services. Join our introductory webinar on Thursday, July 30th! Already have…

NAMFS is excited that Earthvisionz has enhanced the FREE to Members version of V-Alert. Given the increase in recent COVID-19 cases, a county level tracker has been added.  This new feature is in addition to the use of thousands of data points that track storms, floods, hurricanes and other disaster-related events. While the FREE version…

Dear NAMFS Members and Mortgage Field Service Industry Professionals, The NAMFS Officers and Board of Directors have been discussing our 2020 annual conference since the start of this pandemic.  We have engaged the various partners and have decided to modify to a virtual format. The event will also move to October. Please know this decision was…