Posts by ericmiller
NAMFS April News
It is almost time for the Annual Conference. In this update, we provide details on the sessions for Monday, May 5, including moderators and panelists. We also touch base on special networking events – Men and Women, along with NAMFS Gives Back benefitting Lovepacs. Special thanks to VRM and NFR for sponsoring these events. There…
Read MoreNAMFS Whitepaper: Modernizing Allowables for Debris Disposal in the Mortgage Field Service Industry
Rising costs for materials, labor, and compliance are putting pressure on debris removal/disposal services in the Mortgage Field Services industry. Our latest NAMFS whitepaper explores the financial challenges and outlines actionable solutions to ensure fair compensation and sustainable operations. Read the Whitepaper. Stay informed and advocate for sustainable pricing! Stay informed and advocate for change!…
Read MoreNAMFS Whitepaper: The Case for Increased Pricing in Property Condition Reports & Bids
As costs for labor, technology, and compliance rise, the need for fair compensation in Property Condition Reports and Bids is more critical than ever. Our latest NAMFS Whitepaper breaks down the factors driving pricing adjustments and provides key insights to help industry professionals justify and implement necessary increases. Read the Whitepaper. Stay informed and advocate…
Read MoreNAMFS Whitepaper: Addressing the Need for Increased Compensation for Winterization Services
Rising costs for materials, labor, and compliance are putting pressure on winterization services in the Mortgage Field Services industry. Our latest NAMFS whitepaper explores the financial challenges and outlines actionable solutions to ensure fair compensation and sustainable operations. Read the Whitepaper Stay informed and advocate for change!
Read MoreNOVEMBER 2023 NAMFS INDUSTRY PRICING INITIATIVE UPDATE
NAMFS is pleased to share that on November 14, HUD published their Mortgagee Letter, ML 2023-20. Included in this update are increases to expense reimbursables for vacant property inspections, as well as, Initial and Follow-Up Occupancy Inspections. These Inspection allowables align with Fannie Mae’s March 2023 and Freddie Mac’s August 2023 announcements. These alignments in pricing were a key component…
Read MoreNAMFS Elects Five (5) New Directors to the Board
At the 2023 NAMFS Leadership Summit elections were held for five positions on the NAMFS Board of Directors. The open positions were based on the Membership Types (National, Super Regional, Regional, Local, and Associate/Affiliate). Those elected for the September 2023 – September 2025 term are: National: Brent Goheen – NFR Super Regional: Chad Rulo –…
Read MoreSeptember 2023 NAMFS Industry Pricing Initiative Update
NAMFS hopes this message finds you well and is providing an update on our ongoing initiative to enhance compensation for property inspections and preservation work. NAMFS, as the leading industry association, recognized its responsibility to create a platform for dialogue and collaboration among stakeholders. The Association’s primary role is to facilitate discussions between Investors, Insurers,…
Read MoreNAMFS Industry Pricing Initiative Update August 2023
NAMFS is pleased to share that on August 9, Freddie Mac published their Servicing Guide Update 2023-17. Included in this update are increases to expense reimbursables for inspections and a few property preservation services, which is a primary focus of the NAMFS Industry Pricing Initiative. The Inspection allowable aligns with Fannie Mae’s March 2023 announcement.…
Read MoreTECHNOLOGY TODAY – April 2023 Edition
By NAMFS Technology Committee Technology has revolutionized the way mortgage field service companies operate and has brought about a host of benefits for both service providers and Field Service Professionals. From scheduling, routing, capturing photos, identifying risks, and submitting results to clients in real time. Technology has made the field service industry more efficient and…
Read MoreNAMFS Industry Pricing Initiative Update March 2023
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…
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