As positive trends are emerging in U.S. real estate and economy, lenders and investors are gearing up to move forward. However, with several hundred thousand foreclosures on the horizon and another projected $108 billion in new mortgages, lenders may be ill-equipped to handle the upswing in activity. Many will need a capable mortgage servicing company to keep up with an overwhelming work load. Competent mortgage service companies are monitoring recent trends and are prepared for the cresting wave of mortgage servicing activity to come.
The newest trend that mortgage service companies now face is how newly on-boarded performing loans will have to share center stage with foreclosures and existing delinquencies in lenders’ portfolios. Mortgage servicing companies will be called upon to process new loans expected from the a more promising housing market in 2012. The services of a strong mortgage processor will be indispensable as new buyers enticed by low rates, affordable homes and an improving economy demand more loans. Mortgage servicing companies, therefore, will be engaged on all fronts to help lenders navigate activity associated with distressed loans as well as new originations.
Partnering with a strong mortgage servicing company is a prudent move for many reasons during theses dynamic times. Peak Loan Servicing is a mortgage servicing company that can handle all elements of the loan servicing equation by offering:
Single Family Residential (SFR) and commercial mortgage servicing
Valuation analysis, risk assessment, title review, purchase price analysis, and disposition strategies including workouts, modifications, refinancing and foreclosures
Broad, diverse solutions addressing performing and non-performing loans, with ancillary services ranging from insurance tracking to loss mitigation
The latest technologies, like the Fiserv loan servicing platform (LoanServ), enabling them to streamline processing to a level that is nearly unsurpassable in terms of efficacy and cost-efficiency.
REO and disposition services including property inspections, property preservation, eviction services, REO property sale and REO management
Expertise in services for lenders, individual investors, private equity funds, banks and other financial institutions
Peak Loan Servicing are Servicing, Collection and Management Specialist for the following Assets:
Residential, Consumer and Commercial Loans
1st & 2nd Liens, Fixed-Rate, Adjustable-Rate, Simple-Interest and Construction/Rehab loans
Negative Amortization, Interest-Only and Full Amortization
Performing, Sub-Performing and Non-Performing Loans
Bankruptcy, Foreclosure and Loss Mitigation
REO Asset and Disposition Services
Deficiencies, Judgments and Charge-offs
Whether clients self-originate or are looking to have our Network originate loans for their portfolios, Peak Loan Servicing is there to assist throughout the process. Conduit clients receive a full suite of outsourced servicing solutions including valuation analysis, title review and risk assessment.
For your existing pools of loans, whether performing or non-performing note acquisitions, we are there to assist you throughout the process. Our clients receive a full suite of outsourced servicing solutions including valuation analysis, risk assessment, title review, purchase price analysis, and disposition strategies including workouts, modifications, renancing and foreclosures.
Due Diligence Services
For distressed assets, scratch-and-dent, performing and non-performing and monitoring the closing process.
We offer direct marketing services to your customer base by inserting pre-selected marketing collateral into billing statements to expand your products.
You have a brand and brand recognition to maintain. Let Peak Loan Servicing be your silent partner with only the client/investor name displayed.