Rated Mortgage Loan Securitizations

SLATE’s team of seasoned Secondary Mortgage market professionals can provide you with transaction support to help navigate through any residential or commercial mortgage loan sale or securitization. The team is well versed navigating the most stringent timelines and understands that closing/funding deadlines cannot be missed. All title and collateral issues identified are clearly so that each material issue found can be side-lettered and eliminate pre-funding chaos.

  • SEC 15e/15g Due Diligence review package including required Executive Summary with detailed Title findings; includes breakout of loan count and financial exposure not covered by origination Title Policy
  • Reporting supplied in SEC required redated format for rated RMBS and CMBS securitizations
  • Blanket Title Policy issuance for portfolio securitizations offered when accepted at substantially lower rates than individual loan policies
  • Title Due Diligence to meet all Nationally Recognized Statistical Ratings Organization NRSRO specific agency requirements for Residential and Small Balance Commercial Securitizations

Assignments are prepared as required to ensure that the chain is complete and recorded to the last investor of record. Any defects found are remediated as required. Slate follows investor and GSE guidelines as well as local municipal rules and timelines.

Document Generation

We can help you streamline your assignment/lien release process and aggregate the required data to generate compliant, and recordable documents for residential and commercial loans.

Our CLOUD-Based document management system stores the most up-to-date documents in a constantly changing regulatory environment. Let us assist with part of your document generation process or hand off the entire process for a comprehensive solution. Our team also manages the curative and remediation process to ensure marketable title on every loan in your portfolio.

Slate can integrate into your system of record via API, to deliver data in any required format.

With a corporate resolution or Power of Attorney, we can sign on your behalf to further expedite the process. We are setup with CSC and Simplifile for the most comprehensive eRecording coverage available. Mortgage Assignments and Lien Release documents are only two of the many document types we can create.

Securitizations

Comprehensive Process Management

Assignment Chain Remediation
Document Review & Execution
Document Retrieval to procure missing information from land records
Counterparty exception remediation and tracking
Original Document receiving and tracking
Document recording
Industry signing database of investors, banks, GSEs ensures we will be able to find the appropriate party needed to clear any break in the assignment chain

Residential and Commercial Securitizations

SLATE Mortgage Solutions provides a full range of products to help investors meet rating agency and SEC review and reporting requirements for RMBS and CMBS securitizations

SEC 15e and 15g Certifications
Redacted Tax and Title reporting for EDGAR filings
Title Grading and Customizable reporting
Side Letter Management
Executive Summary and RA approved Reliance Letters