Modification, Shortsale, Or Deed-In-Lieu?

What is the optimal outcome treatment strategy for your delinquent borrowers? The Commerce Velocity Optimizer solution helps to take the guess work out of the complicated metrics like NPV or adhering to compliance guidelines and allows you to spend time counseling your borrowers. Optimizer provides loss mitigation counselors with:

• The financial impact of a potential modification before they engage the borrower
• Critical data needed to affectively counsel borrowers
• A prioritized list of treatments
• An Optimal Outcome. It doesn’t matter if it is a straight capitalization, term extension, step rate, or reduced rate modification program

We understand that a modification process with transparency is also crucial to cure rates and compliance. Optimizer capabilities are further leveraged through The Borrower Portal which allows borrowers to:

• Check their workout options
• Check the status and stage of their modification
• Download and complete any necessary documents
• Receive timely notifications
• Communicate easily with their SPOC

The Borrower Portal allows borrowers to truly become a partner with you in turning their loan into a performing asset. It is vital to your long term portfolio strategy. At Commerce Velocity we know your success in converting non-performing loans is dependent upon accurate metrics, borrower communication and participation, and timely processes which are available now through our Optimizer and Borrower Portal solutions. Call 877-338-7140 today for a demonstration or click here to request one.