Lien Alert instantly alerts you with lien-related indicators that could negatively impact your business. Based upon pre-determined rules and frequencies, Lien Alert automatically alerts clients to nine key lien indicators that could impact loan or borrower status:
- Foreclosure/Default Activity
- Tax Delinquency
- Bankruptcy
- ARM Reset
- Lien Status Change
- Value Change
- New Liens/Shotgun Mortgage
- MLS Listings
- Ownership Changes
- Liens and Judgments
Uncovering these critical lien status indicators enables you to take appropriate action quickly.
- First lien holders can manage risk on their liens by detecting potential default activity using the Tax Delinquency and Bankruptcy alerts, while also watching for second liens taken out on the property, which could result in equity or lien status changes.
- Subordinate lien holders receive ongoing alerts of delinquency indicators, default activity, ARM resets or changes in ownership to determine potential risk and protect their secured interest.
- Servicers optimize due diligence efforts by quickly analyzing portfolios for existing or potential risks.
- Servicers looking to acquire a portfolio can analyze its condition for existing or potential risks.
Respond more quickly to potential risk, discover lead opportunities faster and counter competitive pressures more effectively by calling 866.964.8343 or e-mailing LPS Applied Analytics today.