Understanding vendor's mortgage process is important before outsourcing. Take a look at our loan process.
Foreclosure is a legal process in which the rights of a homeowner to the mortgaged property are fortified owing to the failure in paying the mortgage monthly payments. Foreclosures are often not profitable for the lender and prove to be time consuming and complex. They not only impact the profitability of the lenders, but also act as barriers for lenders to lend new funds.
Owing to a significantly large number of defaulters in recent years, it has become quite difficult for a lender to manage the entire foreclosure process. But, on the flip side, if the lender outsources the foreclosure process to an experienced loss mitigation company, lenders can efficaciously manage the timeline for every foreclosure they have undertaken while ensuring that the foreclosure sale occurs within the stipulated statutory timeline.
Flatworld Solutions' mortgage foreclosure services include the complete spectrum of the foreclosure processing; ranging from quantifying initial defaulters to the eventual foreclosure and REO auction (required for the final sale of the property). We have a team of mortgage experts and asset managers who assist our clients throughout the foreclosure process. We also help our clients with customized strategies for foreclosing each individual asset for the optimum gain.
Flatworld Solutions offers is clients an exhaustive one-stop solution for all their mortgage foreclosure needs. Right from the foreclosure valuation to the sale, we always deploy the best course of action for aiding our clients with optimum proceeds-to-value while mitigating the possibilities of extended days on the market.
We offer a broad array of foreclosure and REO services, including -
We, at Flatworld Solutions have been offering our clients the best foreclosure services for more than 10 years now. Being a reliable and leading foreclosure services management firm, we proffer several significant advantages which make us stand out from our competitors. The salient features of our services include -
For optimizing your loan defaults, foreclosing mortgages, and availing hassle free loss mitigation services, Contact us today! You can outsource all your mortgage loan services to Flatworld Solutions and we assure the best quality results within shorter turnaround times.