Collateral Remediation

  Document Services, Securitizations, Search Services, Policy Services, Title Due Diligence

Incomplete, and/or incorrect documents within the collateral file may be an investor’s largest source of risk on a mortgage loan should the loan fall into default. We offer complete collateral review services to ensure that each document is complete, and properly executed/notarized by all parties. We also validate that the Security Instrument is recorded in the appropriate county to ensure that the asset you think is securing your loan truly is.

When collateral exceptions are found, our team will contact the appropriate third party whether a lender, another investor, title company, or county recorders office and work with the appropriate counterparty to clear the exception and restore the file to marketable standard.

All findings will be provided in clear, and easy to disseminate reports that will align with all major custodial management tracking requirements. Our team will also facilitate required document preparation, and delivery of final documents to your custodian.

Who we serve:
  • Investors
  • Banks/GSEs/Loan Servicers
  • Hedge Funds (RPL/NPL/Performing mortgage loan investors)
  • Reverse Mortgage Loan originators, servicers and aggregators
  • Second Lien traders
  • MSR Portfolio Transfers
Collateral Remediation

BOUTIQUE APPROACH

  • Physical File Review, imaging/indexing
  • Data Capture
  • Customizable exception reporting that incorporates US Bank, DB, and Wells standard exception management processing
  • Post-close side letter administration
  • Exception Tracking, Curing and Facilitation with 3rd parties
  • MERS registration validation for Security Instrument
  • Mortgage and Note rider review including PUDs, HOAs, COAs
  • Leasehold estate review
  • Assumption and Modification Agreement review and recording validation
  • Promissory note Allonge and Endorsement chain validation
  • Delivery and facilitation of collateral documents to custodian
  • Exception processing and tracking on all cured defects
  • Review of origination title policy, including all exceptions noted in Schedule B

Discover the SLATE Edge

Client Dedicated Contact

Your single-point of contact representative understands the nuances of your order from beginning throughout completions.

Audit Complaint

SLATE is SSAE 18 SOC 1 compliant and adheres with all security, policies and procedures.

Secure Client Portal

Our secure portal provides intuitive and secure upload and download capability. Orders, reports and status are available 24/7.