With industry-focused due diligence, quality control, data analytics, fraud and consulting services, LPS Applied Analytics can provide a full re-underwriting of loans (based on stated guidelines and parameters), an integrity evaluation of the loan data (as provided by the originator), an assessment of the collateral used for the loan, and assurance that the loans are compliant with federal, state and other regulations.
LPS Applied Analytics offers complete services to enhance mortgage loan portfolio transparency at any level of analysis by evaluating and tracking individual loan- and property-level detail, from origination to securitization, and over the life of the asset.
LPS Applied Analytics provides a comprehensive analysis of each loan slated for sale, purchase or securitization. Every loan is graded based on a loan eligibility worksheet as defined by the client, and consequently, a sales price for each loan is established. Reviews include:
- Credit Underwriting – Tests that the loan was underwritten to all specifications as outlined in the originator’s stated lending guidelines and trade stipulations.
- Compliance Analysis – Verifies the loan was originated in adherence to various predatory lending restrictions.
- Pre-Sale Quality Control Engagements – Ensures loan is serviceable and salable by reducing overall transaction costs, improving transaction cycle times and enhancing overall data integrity prior to going to market with a potential loan transaction.
- Loan Repurchase Reviews – Assists originator when it sees higher incidence of loan repurchase requests from institutional investors. Tasks include verifying or rebutting investor-provided exceptions, compiling information on the loan portfolio to validate statistical trends and identifying problem areas that may require additional controls or process changes.
A New Standard in Due Diligence:
- Commitment to Excellence – Every project is supported by LPS’ three-tiered quality process, which verifies data in both the field and the home office.
- Unparalleled Experience – LPS reviews millions of asset files every year, representing billions of dollars of net value.
- Rapid Response – LPS work teams can be assembled, deployed and on site within a few days of a request.
Only LPS brings the financial and analytic strength to the marketplace to offer the full range of combined due diligence services to buyers, sellers and investors.
For more information please call 904.360.4111 or e-mail lpsAAsales@lpsvcs.com.