Default Title

IMPROVING OPERATIONAL PERFORMANCE FOR REO PROPERTIES

END-TO-END SERVICES ACROSS THE DEFAULT CONTINUMUM

REDUCE TURN-TIMES |  ENHANCE EFFICIENCIES  |  INCREASE VELOCITY

Mortgage Connect provides comprehensive REO closing and title services on bank owned properties. Through an underwriter agnostic platform and single point of contact model, we manage the entire process with all parties involved: servicers, asset managers, attorneys and buyers. We proactively manage contracts and time frames while keeping all parties up-to-date through our proprietary state-of-the-art servicer portal.

  • Centralized operational infrastructure
  • Multiple order delivery methods
  • Leading execution turn-times
  • Flexible signing solutions & locations
  • Real-time dashboard reporting & status
  • Dedicated default compliance experts

DEDICATED DEFAULT CLOSING & TITLE SERVICES

UNMATCHED EXPERIENCE MANAGING REO’S AT SCALE AND ON A NATIONAL LEVEL

DELIVERING AN ENHANCED CLOSING EXPERIENCE FOCUSED ON SPEED, QUALITY, AND EFFICIENCY

CLOSING SERVICES

Full REO settlement
National signing services
National recordation
Lien priority insurance products
Pre-audit of all closings documents for accuracy
Attorney closing services
Funding services
Recordation of documents

TITLE SERVICES

Pre-foreclosure title & TSG
REO title & close
Title search (grading curative)
Policy issuance
Pre-listing title searches
Contract review
Assignments
Preparation/coordination of all transfer deeds
Reconciliation of CD/ALTA with contract
Ownership reporting
Post-foreclosure sale services/deed prep
Purchase contract review
Seller documentation review & management

ANCILLARY SERVICES

Deed-in-lieu title
FHA post sale title
Single family rental

CUSTOMIZED VALUATION PRODUCTS

IMPROVE OPERATIONAL PERFORMANCE AND MEET COMPLIANCE STANDARDS

  • Extensive experience in loss mitigation
  • Customizable quality & underwriting guidelines
  • Intelligent appraiser management & assignment process
  • Enhanced reporting capabilities & real-time status
  • Dedicated quality control & compliance team
  • Client-dedicated teams with 24-hour appraisal hotline
  • Flexible pricing models to promote fee transparency

SPECIALTY VALUATIONS

Broker price opinions
CWCOT specialized appraisals
Property condition report
Disaster inspection reports
Warranty available
Reconciliations
Drone Valuations

ALTERNATIVE SPECIALTY VALUATIONS

Multiple AVMs – cascading logic
Desktop appraisals
Appraiser assisted valuations
Evaluations
AVM/PCR/analyst review
Bifurcated inspection valuations
Virtual inspections
A la carte solutions