What the M

Do you ever wonder who is behind the scenes collecting and processing all those monthly mortgage payments throughout the entire country? In the world of residential mortgages, the mortgage servicing industry is a critical but not always visible player in the lending and home ownership process. Unveiling how mortgage servicers manage the residential homeownership industry is the concept behind “What the M,” a new podcast that discusses the complex issues facing default services and the path forward for the mortgage industry and homeowners alike. The industry is comprised of more than 160 mortgage servicers representing more than 80% of the outstanding principal balances on mortgages in the U.S. Without the involvement of these vital mortgage servicers, obtaining and maintaining a home mortgage as we know it would not exist.“‘What the M’ features industry movers and shakers discussing the challenges faced by mortgage servicers, law firms and the American homeowner,” said Stephen Hladik, one of the co-hosts for the podcast and chair of the Advisory Council of the Legal League 100. “We will discuss trends in the economy, regulatory oversight, changes in the law, changes in technology and a myriad of other factors affecting the industry.”Hladik and co-host Kent McPhail are experienced attorneys with multistate practices in the default servicing industry. Both have decades of experience representing secured creditors; however, each host brings his own unique perspective to the podcast. McPhail hails from the Deep South (think boiled peanuts and shrimp & grits), while Hladik hails from the Northeast (think cheesesteaks and scrapple). “With this Yin and Yang, we hope to bring an entertaining and informative approach to the industry and those who make it hum,” McPhail said.Episodes of “What the M” begin airing mid-September and can be found wherever you listen to podcasts.

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What the M

Episode 42 - Gary Seitz

October 21, 2024 • Kent D. McPhail and Stephen M. Hladik • Season 3 • Episode 42

It’s that time again… for a new episode of What the M! This week, Kent and Steve interview Gary Seitz, Chapter 7 Panel Trustee in the United States Bankruptcy Court for the Eastern District of Pennsylvania.

Gary graduated with his J.D. from the University of Iowa College of Law in 1986. While obtaining his law degree, he studied at the Shanghai Law Research Institute in the Peoples Republic of China and the Betham House Faculty of Laws of the University of London. Gary then obtained his Master’s Degree in Admiralty and Maritime Law from Tulane University.

Gary has extensive experience in the handling of bankruptcy matters. In 1999, he was appointed by the United States Trustee (U.S. Department of Justice) to the Panel of Chapter 7 Bankruptcy Trustees in the United States Bankruptcy Court for the Eastern District of Pennsylvania. He has also served as Trustee in Chapter 7 and Chapter 11 cases in New Jersey and Delaware. From 2006 to 2013, he chaired the Bankruptcy and Business Finance Practice Group in the Philadelphia and Wilmington offices of Rawle & Henderson LLP. In 2013, he established the Philadelphia office of Gellert Seitz Busenkell & Brown LLC, where he remains today.

Gary’s decades of experience in the industry make him the perfect guest to discuss the role of Trustees in bankruptcy cases, legal issues the industry is currently facing, and much more. We are thrilled to welcome him to the show.

Welcome to What the M, Gary!

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A huge thank you to our Season 3 sponsor, Black Dome Services. Black Dome Services is a next-generation property services provider, offering a comprehensive range of services tailored to the unique needs of their clients. From property inspections, preservation, maintenance, renovations and various other interior and exterior property related services, you have a trusted leader dedicated to delivering exceptional results and maximizing the value of your properties. For more information, please visit their website at www.blackdomeservices.com or email Vic Draper at Victor.Draper@blackdomeservices.com.

People on this episode

Kent D. McPhail

Co-host

Stephen M. Hladik

Co-host