Interview with Elizabeth Knight.
Who is Elizabeth Knight, what do you do and for what company?
I am the President for the PLM Family of Companies. I am very hands-on on a daily basis and oversee four companies within the PLM family:
– PLM Lender Services, Inc.
– PLM Loan Management Services, Inc.
– PLM Loan Processing Center, Inc.
– PFD Insurance Services, LLC
And numerous smaller specialty LLCs.
What sets you apart from the competition at PLM?
PLM has been in business since 1980. We have a team that has longevity, knowledge, and are courteous. Because we have the company diversification, we are able to assist lenders in the foreclosure department with a wide base of knowledge; not only extensive foreclosure knowledge but loan documentation and loan servicing.
What is the value of UTA for you?
UTA provides continuous relevant education, the ability to work towards favorable legislation and allows connections with a group of people who have a broad base of knowledge from which to draw.
What motivates you both in our industry and as a UTA board member?
I have been in this industry since I eighteen years old and have always found it fascinating and an important part of finance. Changes to the industry make a person need to stand up and make a difference with a voice as strong as UTA’s to get things done. I love being a board member because we are always on the forefront of knowing what is happening.
If you could change or revise one thing about the default industry, what would it be?
I would like to see more Industry-wide standardization. I believe this would assist when trustees are in court or are in situations of needing clarity. I also would like to see legislators actually talk to people who live foreclosures everyday so when they make laws, they actually know the effect.
What is your vision for our industry over the next 12 months?
It would appear the foreclosure market will be growing over the next 12 months. I am hoping that legislators allow the foreclosure market to run its course without additional law changes and complications for the process.