About USFN

USFN is a not-for-profit, national association of mortgage banking law firms, trustee companies, and associated vendor members. Founded in 1988, USFN is comprised of top specialists in foreclosure and bankruptcy legal practices from across the nation in a single resource network of information, service, and professional practice. Through its committees and work groups on legal issues, bankruptcy, education, loss mitigation, and REO/eviction, the collective strength of USFN offers comprehensive services to the mortgage banking industry.

Industry input is solicited by USFN from the numerous industry representatives on its Advisory Board and its other committees. This has been instrumental in assisting USFN in producing a wide array of publications and tools that have become standard in the loan servicer's toolbox. (Several of USFN's publications are national award winners, too.) As a resource network, USFN provides the mortgage industry with referral services, educational programs, industry news, training and reference tools and resources, legislative and regulatory input, valuable and unique publications, and online services. USFN members work hand-in-hand with clients and offer case-specific services related to foreclosures, bankruptcies, evictions, title work, loss mitigation, assignments, REOs, reconveyances, and much more.

As a service to the industry, USFN sponsors Loan Management and Servicing Seminars throughout the year in locations convenient to the servicing industry. Widely known in the industry and highly respected, the education sessions at these seminars are conducted as roundtable discussions, with topics covering a full range of loan management and servicing issues. Interaction among attendees, brainstorming, and lively discussion are always part of the program. USFN also works with other organizations (such as the Mortgage Bankers Association and the National Association of Chapter Thirteen Trustees) in presenting educational sessions requiring legal expertise. Since 2004, USFN has held an annual Legal Issues Seminar each July. Invited participants include in-house counsel, litigation managers, and paralegals from major mortgage companies and GSEs, with guest panelists from government, industry, and the legal profession.

Also available from USFN members is on-site training for servicers. These training programs can be tailor-made for your staff and presented at your office for a convenient and cost-effective training solution, at little or no cost to you. For more information, contact us at 800-635-6128 or visit http://www.usfn.org. Besides The National Mortgage Servicer's Reference Directory (NMSRD™), USFN training and reference resources include:

  • A 200-page case bound book entitled Writing and Implementing a Living Quality Plan for Mortgage Servicers and Law Firms. This practical guide to organized, ongoing quality assurance features individual sample plans for servicers and law firms.
  • The Desk Guide series - six comprehensive guides covering bankruptcy, foreclosure, loss mitigation, manufactured homes, privacy/info sharing, and REO/eviction. State-specific information for all 50 states and D.C. is presented.
  • Multimedia training programs (in DVD format) - including Fundamentals of Bankruptcy, Fundamentals of Foreclosure, and the award-winning Default Management: Effective Attorney-Client Interaction. Each program includes a 45-minute video and an initial supply of five personal training workbooks, designed for individual, interactive use with the video.
  • Foreclosure Timelines Matrix™ - excerpted from the NMSRD, this is a handy printed resource for quick state-by-state reference.
  • Eviction Timelines Matrix™ - state-by-state coverage comprehensively addresses eviction and personal property disposition.
  • Complimentary subscriptions to the USFN Report (quarterly newsmagazine) and the USFN e-Update (monthly e-newsletter) are available. Email to request inclusion in the distribution list.
  • A wealth of information on USFN's website at www.usfn.org, including a searchable library of USFN articles and archives of USFN e-Updates.

For further information on any of USFN's resources and services, please call us at 800-635-6128, visit www.usfn.org, or email . Alberta E. Hultman, CAE Executive Director and CEO