LOAN REVIEW
Loan Modifications
As an industry-leading provider of risk-centric information, analytics and turnkey services, Clayton understands the urgent need for strategy adjustment in the residential mortgage servicing industry, both to keep up with rapid change and to manage the current and anticipated default volume.
Our experience in loss mitigation, data collection, risk-scoring and predictive analytics allows us to segment any loan portfolio for default risk, prepayment risk and effective loan modification strategies.  Our customizable and automated solutions deliver multi-tiered tracking, trending and scoring across loan and portfolio levels.


Loan Segmentation Process
  • Loan refinance & modification opportunities
  • o  GSE Programs
    o  Jumbo Conforming (Exhibit 1 & 2)
    o  FHA – FHA
    o  Hope For Homeowners (Exhibit 3)
    o  Home Affordable Modification Program (Exhibit 4)
    o  Modifications: Rate Reduction, Term Extension & Debt Forgiveness
  • Performing loan risk analysis
  • o  Value
    o  Borrower credit quality
  • Loss Mitigation
  • Short Sale
  • Deed in Lieu
  • Foreclosures & REO
  • Foreclosures & Legal Issues
  • Recommended Chargeoffs
Result Benefits
  • Portfolio default projections, including the impact of future rate resets on current accounts
  • Loss mitigation best practice information for compliance with servicer guidelines
  • Loan file segmentation based on individual file reviews to determine opportunities for refinance, borrower ability and willingness to pay and determine best product fit for loan modification
  • Rank order pool based on refreshed consumer credit characteristics and daily events for Default/Loan
  • Modification, Prepayment and Collateral value changes
Reporting
Clayton provides customized reporting tailored to the specifics of the solution provided.