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Jim Vaca: For Mortgage Servicers, Vendor Management Isn’t a Part-Time Job

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Jim Vaca, Vice President of Vendor Management Operations at Altisource, shares his take with MortgageOrb on how mortgage servicers should approach vendor management in light of new regulations requiring stricter third-party oversight.

Jim Vaca discusses some of the major challenges and solutions in establishing and maintaining a successful servicer-vendor management program, components of a vendor management program that can be outsourced, key elements and best practices to keep in mind for servicers when selecting vendors, current technologies and trends available to improve vendor management and oversight, and more.

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