At times, it may be desirable or necessary for clients to sell some of the loans in their portfolio for risk/capital related reasons, or because they are not eligible for refinancing or modification and do not fit into the long-term business strategy. EdgeMAC has the relationships and expertise to run an unbiased auction that will generate favorable pricing for our clients. We can manage some or all of the process for you, from inception to ultimate disposition, including:
- Pre-bid analysis and recommendations, including an assessment of loans which may be eligible for refinance or modification
- Transaction management, coordination and tie-outs
- Tape reconciliation
- Assist with contract review
- Due diligence oversight and creation of deal specific data room
- Exception tracking and management
- Data and file inventory and transfer to Servicer