Loan Origination Defects
Let us be your second set of eyes. We can address any loan defects or problems.
Our Mortgage Services team has over one hundred years of combined experience conducting forensic analyses of key loan file components including:
- State and federal disclosures;
- Underwriting policies and practices;
- Final loan documents; and
- Closing
We offer comprehensive re-underwriting services for clients with problem loans.
Over the last decade, our repurchase team has reviewed and responded to tens of thousands of repurchase demands based upon claims of breach of loan sale representations and warranties. We can reverify the borrower(s) income, assets, and other key loan components retroactive to the date of origination. Through our re-underwriting analysis and sophisticated data analytics, we can formulate a response to any repurchase demand and get you the right result.
Loan Workouts
We can handle your Company’s complicated loan workouts.
Our Mortgage Services team can assess loan workout/modification options by analyzing a borrower(s) credit profile and existing mortgage to determine the appropriate credit solution with an eye towards achieving the end goals of legal compliance, risk mitigation, and profit maximization.
As part of our comprehensive loan workout analytics, we can formulate and evaluate recommendations that will ultimately place the borrower back on track while mitigating investor risk and ensuring compliance with applicable and ever-changing statutes.
Title Agent Work
We are title agent aficionados and complicated problem solvers.
Our Mortgage Services team brings to the table the experience and expertise required to resolve complex title chain, foreclosure and other servicing defects. For example, we can resolve title chain defects related to missing and/or defective:
- Note endorsements;
- Assignments; and
- Satisfactions/Discharges/Reconveyances
Our highly skilled analysts have resolved title chain defects impacting hundreds of thousands of transactions for MERS and NON-MERS instruments. We can mitigate risk associated with various state, and often borrower-friendly, statutory schemes where one mistake can cost an investor the entire principal balance of the loan in question.
The members of our team have been rooted in the financial services industry for over a quarter century. Though our longstanding relationships with title companies, servicers, custodians, trustees, lawyers, law firms, County Recorder’s Offices, MERS, and MERS members across the country, we can cut through the red tape and quickly remediate time-sensitive title chain defects in ways our competitors cannot.