Proactive management and surveillance of the servicer is critical, for both whole loans and securitized assets, to ensure that losses are mitigated and the maximum value of a loan is realized.
EdgeMAC works with you to evaluate the overall quality of a servicing operation and develop a customized portfolio management strategy that will help maximize the value of your assets or investment. Once EdgeMAC’s team has analyzed the data and deal documents and evaluated the servicers’ overall performance to date, we can establish the long-term strategy for protecting you against future losses. Our experienced staff will monitor servicer performance to ensure the appropriate level of attention is given to your deals, including:
- Daily, weekly, and monthly data uploads and reconciliations
- Servicer exception reporting
- Review and monitor calling campaigns and collection activity
- Review and monitor loss mitigation strategies and activity
- Synchronization of servicers and aggregation of monthly information
- Review and monitor foreclosure, bankruptcy and REO activity
- Reconciliation of remittances and cash accounts
- Review and monitor insurance claim information
- Evaluate charge-off and liquidation activity