A fast, cost-effective solution that minimizes potential foreclosure losses, maximizes REO sales prices and tracks post-REO sales for potential fraudulent activity.
With the LPS' Portfolio PRO, you can securely and confidently evaluate loan portfolios on which you are interested in bidding, as well as forecast potential foreclosure and real estate owned (REO) sales timelines and values, plus track post-REO sales for subsequent sales activity. Whether you’re evaluating to bid or monitoring your portfolio monthly, Portfolio PRO enhances the transparency factor for your investment portfolio and estimates the foreclosure date and subsequent REO sale date for each loan. Portfolio PRO’s information is based on each loan’s current default status and by using actual foreclosure timeline data for the subject’s state, core-based statistical area (CBSA) and ZIP code.
- Make educated bids on pools of loans.
- Forecast the subject property’s value out to the estimated REO sale date using FIS Valuation Solutions’ extensive market trend data.
- Adjust the forecasted foreclosure value based on the current REO discount percentage for the subject property’s ZIP code.
- Forecast the REO sale date for the subject’s “institutional value.”
- Get a summary view of the subject’s local market including:
- Days-on-market (DOM)
- Number of multiple listing service (MLS) listings
- Number of MLS sales
- MLS price trend
- Number of foreclosures
- Early payment default risk
- Utilize on current loans, loans that are in default and REO properties
The Portfolio Summary page — a quick subject property snapshot Valuation and Analytics Solutions
The Portfolio Summary page gives you a quick reference of essential subject property data. Portfolio PRO Surveillance provides information on:
- Total files
- New records
- Deleted records
- Total origination value
- Estimated current value
- Total Institutional value
Automated Valuation and Analytics Solutions
LPS offers the broadest spectrum of valuation and collateral risk management products and services to meet virtually any valuation, due diligence or quality control need. Whether you’re batch processing an entire portfolio or performing a hands-on review of an individual loan package, we’ve got you covered. You can always count on getting exactly the accurate results you need to protect your portfolio, quickly and cost effectively – making your security efforts as efficient and affordable as possible.
LPS will work closely with you to develop a service program customized to meet the needs of your business – and create just the right mix of products and services to achieve the ideal balance of speed, price, accuracy and security for your individual requirements. Then, we back it all up with a level of attention and responsiveness that exceeds anything you’ve experienced before – with your own personal account manager to provide a single, dedicated point of contact for all our services.
Protect Your Portfolio. Get the right balance of industry-leading due diligence and quality assurance solutions.
Call toll free – 800.282.1104, or visit www.hanqual.com.