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Member Profile – Edward Treder

Interview with Edward Treder.

 

Edward Treder

Who is Ed Treder, what do you do and for what company?

I am the managing partner of Barrett Daffin Frappier Treder & Weiss, LLP, part of the BDF Law Group, based in Addison, Texas. We have offices in California, Nevada & Arizona with colleagues and affiliates in Texas, Colorado and Georgia. I manage our litigation, bankruptcy and eviction practices in California and our regulatory compliance team for California, Arizona and Nevada foreclosure operations. I am part of the BDF Law Group’s executive management team across multiple states. I have practiced law at the trial and appellate court levels in state and federal courts throughout California since 1984 and have an AV® Preeminent™ Peer-Review Rating for Legal Ability and General Ethical Standards from Martindale Hubbell.

What sets you apart from the competition?

We have a multi-state footprint offering a complete range of default-related legal services to our mortgage-servicing clients. Our team of professionals has decades of experience in the default industry, and many have worked in the mortgage servicing business. We have a vast network of professional contacts across the United States. We support many trade associations, including the California Mortgage Bankers Association, the American Legal & Financial Network, the American Bankruptcy Institute, the Legal League 100, the United Trustee’s Association and the USFN.

What is the value of UTA for you?

The UTA is actively involved in legislative affairs and is uniquely positioned to help define, shape and influence policy changes at the state level. The UTA also provides competent amicus brief-writing support in appellate cases involving important legal issues to its members. The annual conference has great educational programs to keep UTA members informed about case law developments and legislative updates while also providing valuable networking opportunities.

What motivates you both in our industry and as a UTA board member?

Mentoring the next generation of default servicing professionals by sharing the knowledge and experience acquired during 40 years of working with industry veterans, leaders and peers. There have been seismic changes in our industry during that time, and that history is a valuable resource for the future. I hope my tenure as a UTA board member will help steer the organization beyond the doldrums of the recent moratoria and toward a more robust housing finance economy.

If you could change or revise one thing about the default industry, what would it be?

Simplify or repeal excessive and costly compliance mandates. The financial crisis of 2007 and 2008 produced an era of overregulation that has had a profound and corrosive impact on the default industry and the broader housing finance economy, inviting endless litigation and perpetual loss mitigation holds while overburdening firms with rising costs and stagnant revenues.

What is your vision for our industry over the next 12 months?

Returning to historically normal referral volumes, bringing folks back to the office, and making the UTA stronger than before through member renewals and new member sign-ups.

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