Category: Uncategorized

CRFS is once again participating in a full slate of industry conferences and trade shows in 2019, and we’ll be speaking at quite a few. We look forward to engaging with our clients and partners at these events, so here’s the current list of shows we’re scheduled to attend.  We hope to see you at… Read more »

With the federal government currently in a state of partial shutdown with no clear timeline for resolution, CRFS would like to communicate the impact that clients and partners may see with the claim filing process. Our Compliance Team has put together the following information based on what we know at this time. As more information becomes… Read more »

Having recently celebrated 15 years in the mortgage claims management business, Claims Recovery Financial Services (CRFS) unveiled their evolved brand and launched their comprehensive new website, in advance of several industry conferences this fall. New website.  CRFS’ new website was launched in August.  Those interested can get to know the team and the reasons why CRFS… Read more »

Fannie Mae released an updated Servicer Expense Reimbursement Job Aid on September 19, 2018. The release of this job aid continues Fannie Mae’s efforts to simplify communication and streamline processes via Fannie Mae’s Expense Straight Through Processing efforts. After a thorough review of the job aid, CRFS has determined the following changes which impact the… Read more »

On September 27, 2018 the Office of Inspector General (OIG) released Audit 2018-LA-0007 in which it conducted a review on HUD’s preforeclosure sale claim process. After conducting their review, the OIG stated HUD currently has insufficient requirements and procedures in relation to the preforeclosure claim process. Specifically, HUD does not have the necessary procedures in… Read more »

Last Line of Defense: Claims Management The teams that oversee the various aspects of pre- and post-foreclosure sale claim production strive toward a single ultimate end goal—to maximize the retrieval of all eligible claim proceeds. They coordinate to secure qualified principal balance deficiencies and default-related servicer advances while maintaining adherence with investor/insurer guidelines. The layered… Read more »

For more than 15 years, CRFS has been the industry leader for delivering comprehensive investor and insurer claims management solutions across a diverse and expansive servicing clientele. CRFS’s services have helped clients to achieve unmatched quality results, submission timeliness, loss reductions, and recovery maximizations. CRFS’s independence and industry expertise provide its partners with the ability… Read more »

Claims Recovery Financial Services, LLC (CRFS), the mortgage industry’s premier provider of claim filing and recovery services, is celebrating 15 years of growth as the industry leader in claims recovery. CRFS started out with one employee processing a few claims for one client. Today, more than 300 employees handle an average of 15,000 claims each… Read more »

CRFS Congratulates our Founder, Jodi Gaines, on being named an Athena Award finalist for 2018 and applauds her continued hard work on behalf of Western New York’s professional women. In collaboration with the Rochester Business Journal and presented by the Greater Rochester Chamber of Commerce and its affiliate, the Women’s Council, the ATHENA Award® is… Read more »