Web based Foreclosure PowerPoint PPT Presentation

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About This Presentation
Transcript and Presenter's Notes

Title: Web based Foreclosure


1
Web based Foreclosure Loss Mitigation
communications platform
  • Detailed analysis of
  • Borrowers Ability to Pay
  • Budget Credit History
  • Property Value
  • AVM options
  • Neutral 3rd party borrower support
  • Draws on existing counselor tools for data
    capture
  • CMax
  • Nstep
  • HCO

2
Case Summary
  • Borrower Status
  • Existing Financing
  • Proposed Sustainable Solutions
  • Mark to Market of Existing and Proposed financing
  • Third party validation
  • Credit AVMs Fraud Income
  • Documentation
  • Communications

3
Manual input allowed
  • Counselor workflow management process for
    efficiency

4
Financial Analysis
  • Current Mortgage and other obligations
  • Net capacity to pay
  • Property Value and resale trends or foreclosure
    value
  • Sustainability of any solution

5
Mark to Market
  • Evaluate solutions against traditional programs

What if analysis possible
6
Loan Servicer Work Cue
7
Electronic to Paper
  • 8 page paper summary
  • Available at anytime in the process
  • All support documentation digital and also
    printable in hard copy
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