Investing in mortgage loans has always been a popular choice for large banks and mega-lenders.  With the creation of the discounted cashflow business, the private individual or small institution can also capitalize on this investment strategy.  CCS provides “large servicer” service to the small investor.  We offer the standard services for one price.  Because we know this business, we are prepared for the higher level of service demanded by our clients and the customers.  Within the discounted cashflow business, unique purchase options have been created to maximize an investor's earnings and in some cases, limit risk.  The option to purchase a “partial”, or portion of, a cashflow is an extremely popular option.  CCS can easily accommodate this structure and other unique arrangements created by discounted cashflow investors.

Servicing functions:

Welcome letter to buyer

Coupons to buyer

Same-day payment processing

Inbound customer service calls

Senior Lien tracking

Tax and insurance tracking

Tax and insurance impound accounts

Payoff demands

Assumptions

Assignments

Satisfaction processing

Release and Reconveyance preparation

IRS tax reporting 1098 & 1099

Customized reports for investors

Default servicing functions:

Late notices

Collection calls

Forbearance agreements

Short Pay workouts

Foreclosure/forfeiture coordination

Bankruptcy monitoring

Title perfection upon repossession

REO Management functions:

Property preservation and maintenance

Eviction

Additional Services:

Title Clearing (single loan or portfolio)

Document Custody services

Portfolio file certification