Loss Mitigation & Recourse Recovery Services

Core Competency: Diagnostic Analysis & Loss Mitigation

A critical core competency of RRMS Advisors is the execution of diagnostic analyses on servicer operations to maximize asset performance and reduce loss severities. Our expertise spans:

• Residential Mortgage Servicing Practices and Compliance

• Commercial Mortgage Servicing Practices and Compliance

• Consumer and Home Equity Loan Servicing Practices and Compliance

Loss Mitigation Expertise Includes:

• Servicing surveillance, default management, and portfolio loss mitigation strategies

• Creation and execution of comprehensive audit plans

• Workflow and process analysis, including:

  • Foreclosure timeline mapping

  • Bankruptcy and REO procedures

  • Legal document compliance and associated timelines

  • GAP analyses to identify operational deficiencies

• Use of proprietary methodologies to develop fact-based, defensible opinions supporting loss mitigation strategies

• Assessment and mitigation of recourse exposure, including infrastructure development to evaluate related risks

• Design of iterative settlement approaches for recourse exposures, incorporating phased and transitional strategies

• Development of client-specific strategies to mitigate potential civil and criminal liabilities

• Execution of detailed forensic reviews as needed

• Delivery of concise breach summaries to substantiate or refute:

• Loan put-back claim validity

• Damage claim assessments

• Insurance claims

• Other fiscal claims or dispute