NAMFS Evaluates Managing Workflow during Natural Disasters

In the six weeks between mid-August and late September of 2017, hurricanes Harvey, Irma, Nate, and Maria battered more than 100 counties in Florida, Puerto Rico, Texas, U.S. Virgin Islands, and other southeast states. Collectively, the effects of the hurricanes resulted in over $350 billion in damages. Four weeks later, in October, at least 10,000…

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State of the Mortgage Field Services Industry

In 2016, the industry continued to grapple with legislative pressures, regulatory guidelines,and work order expectations that can be both conflicting and challenging. Throughout the year, the National Association of Mortgage Field Services (NAMFS), reviewed, tracked and wrote opinions on vendor relationships, new service expectations, and state rulings affecting our members and the industry as a…

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The New Generation of Trade Vendor Agreements

Today’s vendor trade agreements are complex. The decision to accept the terms of these legal contracts is further complicated by the pace in which these agreements are evolving and vendors are asked to renew the agreement. For vendors, it is vitally important to take the time to thoroughly understand their ability to meet service expectations…

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