Property Preservation Company Allegedly Fails To Conduct Due Diligence On New Hires

ByVictoria Negron

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Updated onJanuary 7, 2022

This case involves alleged misconduct by a mortgage servicer, its property preservation vendor management company, and various subcontractors. The mortgage servicer hired a major property preservation firm. Once hired, the preservation company allegedly hired additional subcontractors without properly vetting them. Those subcontractors caused significant damage to the property in question, including theft and vandalism. It was later discovered that several of the subcontractors had criminal records, and at least one had been convicted for theft.

Question(s) For Expert Witness

1. Do you have extensive knowledge of the guidelines and appropriate industry standards on property preservation?

2. What are the best practices for the vetting and supervising of subcontractors?

Expert Witness Response E-008940

inline imageI am a real estate and bankruptcy law professor, and I have worked on distressed real estate for 20+ years. I am familiar with residential loan servicing standards and property preservation. I have extensive knowledge of contract and mortgage law, and I know the requirements of the common law of property. I have been published on real estate and mortgage law, including publication in a law school casebook and a monthly newsletter. My scholarship is focused on foreclosure and creditor remedies, as well as real estate bankruptcy. I have served as an expert witness on other cases involving commercial mortgage loans.

About the author

Victoria Negron

Victoria Negron

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.

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