As part of our Loss Mitigation Solution, we provide comprehensive, component-based loan modification and refinance programs that we can tailor to meet your business-specific needs.
Our integrated, holistic approach streamlines the process from portfolio analysis through signing and recording. This enables you to avoid costly foreclosure proceedings and return loans to performing status quickly.
Our Loan Modification Solution Provides:
- Portfolio analysis and application of investor business rules to define recommended workout paths
- Automated loan modification packages compliant with loan programs and county recording requirements
- Immediate capacity to handle high processing volumes
- Quality control reviews to confirm package accuracy and compliance
- Electronic package transmission to FedEx® world headquarters to compress timelines
- Integrated, online status tracking and monitoring throughout the loan modification lifecycle
- Contact management services to actively follow up with borrowers
- Optional maps included in package detailing closest FedEx Office® site for notary services
- Completed package scanning, imaging and indexing services
- Recordation and trailing document services based on investor guidelines
Custom-Tailored Packages Include Any or All of the Following:
- Proprietary document creation and electronic delivery
- Integrated legal description match and append
- Data lookup and calculations for modification package completion
- Property information/tax reports
- Income verification
- Property valuation solutions
- Mortgage Priority Guarantee (MPG)
- Comprehensive mail fulfillment and recordation services
- Advancement of local municipality recording fees
- Trailing document follow-up
