Entities who own the mortgages, or the underlying cash flows that the mortgages produce, have a vested interest in the performance of the servicer, both from a portfolio point of view and from a compliance point of view. To assist these entities, ELMS offers:
- Servicer Reviews – the ELMS team can participate in or lead on-site or remote servicer reviews and audits. These reviews can take a broad view and look at the servicer’s overall effectiveness and compliance or be more targeted focusing on specific areas of risk or concern.
- Servicer Monitoring & Portfolio Surveillance – ELMS can provide regular and on-going servicer oversight and governance. We can couple on-site visits with remote portfolio performance analysis and transactional reviews.