In
these times of high overhead, the cost of training a
full time employee is counterproductive. Let Operation
Reach take this burden away. Let us move your collateral,
process those requests for modifications, and refer
out those borrowers who qualify for FHA and other loans.
Let us identify fraud which is costing you, and finally
let us implement an upfront temporary solution which
will immediately generate revenue until we fully process
the request to recomend a final resolution.
Operation Reach delivers qualified
employees who specialize in the field of loss mitigation,
underwriting, and default resolution. Operation Reach
pre-screens all of our contract employees with background
checks that are not limited to Live Scans. All of our
contract employees are bondable.
We are your third hand, adding speed
without sacrificing quality.
Default/Workout Servicing
Solutions
- Provide Operational Assessment.
- Review current and projected workflow, caseloads,
and capacity planning.
- Analyze current loss mitigation processes to identify
key risks, deficiencies and provide recommendations
for improvement.
- Implement temporary workout solutions to provide
immediate revenue.
- Provide workout documentation tracking and status
reporting, including volumes, and results.
Business Process Analysis
and Solutions
- Audit existing servicing agreement loan workout
guidelines.
- Assist with portfolio default projections.
- Capture and process borrower financial packages.
- Assess and provide workout strategy recommendations
being sensitive to needs of Lenders and current Investors.
- Prepare loss mitigation packages for approval.
- Review short sale documentation for compliance.
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