Resolution Portfolio Management & Oversight - RPM Oversight

RPM Oversight
SERVICER/PORTFOLIO OVERSIGHT SERVICES
Interface on a periodic basis directly with client’s client s designated servicer
regarding all loan management issues, including, but not limited to:
�� Foreclosure initiation, and general loss mitigation strategies
�� Review and analysis of all foreclosure litigation files and pleadings, pleadings,
direction to
foreclosure and bankruptcy attorneys, and monitoring and managing managing
the
foreclosure process for each loan
�� Property valuations, property condition and potential insurance or other claims,
loan modifications, deeds in lieu of foreclosure, bidding instructions instructions
at foreclosure
sales, and short sales, etc.
�� Review of fees and charges billed by third-parties third parties (i.e. foreclosure and bankruptcy
attorneys, property maintenance vendors, real estate and insurance insurance
agents, etc.)
�� Negotiation and drafting of mortgage modifications, deeds in lieu lieu
of foreclosure,
and other loan resolution agreements where necessary, under the direction of
client and to the extent permitted by applicable law