Asset Management Services
Loan Servicing
Through extensive industry relationships MorCap is a one-stop shop for all our client's mortgage loan servicing needs. MorCap manages acquired loans through a subservicing relationship with an industry leading approved Seller/Servicer for FNMA, FHLMC, GNMA and several other major capital market investors. MorCap works exclusively with Moody's and Fitch "Full Approval" rated subservicers that are both Regulation AB and SOX compliant, and hold all required state licenses and approvals. This minimizes compliance and operational risks in the management of loan assets. We access the most advanced technology for both mortgage loan servicing and investor reporting.
Loan Product Types
We manage and oversee the subservicing of most types of loans, including Subprime, Alt-A, A- and HELOC as well as POA's (Pay Option Arms), whether they are performing or non-performing.
Default Management
MorCap will help effectively manage the performance of your loan pools. Closely monitoring loan performance helps capital market investors create a competitive advantage by improving yield and reducing losses through improved information flow and greater transparency in order to provide timely decision-making information.
REO Management
We manage and oversee REO portfolios nationwide from acquisition through disposition.
Management Reporting
We employ advanced information technology for investor reporting, which is provided electronically as frequently as requested by the client. If requested, we will populate loan and REO property data directly to a client's G/L system. Whenever practical, we will utilize the technology we have in place to meet our investor's needs, but will customize if necessary.