services
Transaction Management
Orchestrates post-close diligence, providing speed and certainty to sellers
- Unique to the industry with developing and effectively orchestrating a post-close due diligence process providing speed and certainty to sellers
- Relationships with multiple third party diligence providers to effectively manage Blackstone's residential monthly capacity
- Efficient and nimble trade settlement process accommodating 10+ different clients
- Complete 100% due diligence on loans with a clear and transparent adherence to timelines for sellers
Collateral management
Oversees the processing of all physical loan documents
- Oversee the tracking and reporting of document collateral for loans acquired through automation and internal scorecard
- Pledge collateral monthly with 4 different FHLB’s
- Collateral housed at 2 document custodians and manage multiple seller-facing custodians
- Responsible for collateral tracking and exception clearing for loan trades across 30+ sellers
loan servicing oversight
Manages servicing transfers, loan performance, and loan-level decisions
- Strategic responsibility with 9 different sub-servicers for optimal loan performance
- High touch oversight team manages loan level decisions including loss mitigation, foreclosure, and REO
- Servicing transfers are accurate and completed in <45 days
- 80+ monthly remittance reports processed
Investor reporting & valuation
Provides clients with residential mortgage loan reporting and valuation services
- Loantapes is our platform built for sellers to upload tapes for purchase and organizes data in a standard format, tracks guidelines and flags exceptions
- Deliver 40+ automated files monthly to clients
- Manage the independent valuation process of 100% of the portfolio on a monthly basis with 2 vendors
- Ensure loan data from servicers is properly tracked in a central database
