CampusMBA Releases Timely and Comprehensive Loss Mitigation Workshop for Industry Professionals

CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has released a comprehensive, instructor-led loss mitigation workshop for industry professionals. CampusMBA's creation of the workshop comes at a time when the real estate finance industry is seeing unprecedented interest for loss mitigation training as it responds to current market conditions.

'As the industry continues to help millions of troubled homeowners find solutions to avoid foreclosure, companies are realizing how valuable formal loss mitigation training can be for their increasingly busy servicing staffs,' said John Golden, MBA's Senior Vice President of Education. 'CampusMBA is responding rapidly to the needs of businesses facing today's market and the loss mitigation workshop is yet another example of how CampusMBA is providing real solutions for our industry and its professionals.'

Taught by industry experts, the boot camp-style workshop is designed for servicing managers, counselors, and loan servicing professionals who are responsible for performing and monitoring loss mitigation workouts. The workshop provides participants with insights on key loss mitigation issues including common reasons for default, investor and insurer loss mitigation requirements and workout options. Throughout the day, participants engage in five hands-on exercises that include the design of a loss mitigation workout plan. An online final exam is made available following the conclusion of the workshop.

The first of the workshops will take place on June 10 in Westlake, TX. To learn more about this workshop visit CampusMBA's Web site at www.campusmba.org or call (800) 348-8653. If you are a member of the media, please contact Aleis Stokes at (202) 557-2741.