Component Servicing Solution
We understand that not all subservicing offerings are one-size-fits-all. That is why in addition to full servicing subservicing, we can also unbundle our menu of services so that our clients may select only those services actually needed.
LoanCare offers a wide range of support from Claims Processing, to program support of Single Family Loan Sale (SFLS) and Claims Without the Conveyance of Title (CWCOT), to support for Short Sale and Deed-in-Lieu, MERS reconciliation, Consulting and Foreclosure and Bankruptcy component servicing. The Servicing Solutions team of multidisciplinary subject matter experts brings an unrivaled level of industry experience and innovative thinking to help you identify, tackle and resolve your most difficult operational challenges.
LoanCare’s Component Servicing Includes:
|Front-end servicing: LoanCare performs cashiering, payment processing, escrow administration, and investor reporting, while the client performs default management.||Back-end servicing: LoanCare performs collections, loss mitigation, bankruptcy and foreclosure monitoring while client does the front-end loan servicing work.|