Is your borrower informed?

By law there are many things that your borrower must become informed about it.

• Have you properly attempted to notify them?
• Does the borrower understand their rights?
• Does the borrower understand their options and the consequences of each option?
• Have they been offered No Cost HUD counseling services?
• Are you protecting your interest from litigation?
• Are you maintaining the value of the Asset?

Beyond the legal questions, have you ethically tried to resolve the problem with the Borrower? A borrower who feels justly dealt with is more likely to maintain the property and not damage it. How do you overcome the inherent mistrust?

Protect your Asset by showing concern for your Borrower!

We are an unbiased third-party that can be your advocate with the borrower.

We provide:

• Complete non-profit HUD counseling services for your borrowers.
• Physical visits to deliver SB 1137 Compliance information, Educating consumers on their options.
• Occupancy Verification Reports.

Holding the borrower’s hand through the default process reduces litigation, increases property value and leaves the client with a favorable out look towards your institution.