A Mortgage Lender (Non-Bank) client wanted to liquidate $10-$15B in loans held in their investment portfolio. The loans were underperforming 9-12-year-old loans with regulatory compliance issues. The engagement was to review the loans and resolve, where possible, issues to enhance the sale value, with a primary focus on title curative and modifications.
Preparation for the bulk sale of the residential mortgage pool of loans required:
The remote staff of 18, examined and completed file review for compliance accuracy; and, where necessary cleared title imperfections (liens, judgments, and missing assignments) for best possible delivery value. Final report confirmed the validity of collateral documents, the chain of title and proper ownership.
Warbird Financial Compliance Advisors are experts with years of experience in achieving results and providing comprehensive business solutions for clients. We pride ourselves on accurately evaluating your organization’s compliance needs and utilizing our unique industry benchmarks to optimize your results.