EBO Servicers

Holders of GNMA servicing have important strategic decisions to make as delinquent loans become eligible for buyout from their respective securities.

Servicers have a range of options available to them when considering the best course of action for managing EBO eligible loans in their portfolio. There are many important considerations to take into account when evaluating GNMA EBO strategies such as cost of capital, advance obligations, special servicing capabilities, and market pricing for EBO trades.

The PHOENIX Analytics Team is uniquely positioned to assist holders of GNMA servicing in this decision-making process. Our industry leading cash flow modeling software along with invaluable trade information and servicing insight from our Whole Loan Trading and PHOENIX Collateral Advisor desks enable us to evaluate every aspect of GNMA EBO assets to help better inform your strategic decision-making process. Our approach focuses on modeling each pool at the loan level under a variety of scenarios, and producing comprehensive cashflow outputs that are crucial for determining the most viable avenue for holders of GNMA EBO.

 

EBO Warehouse Lenders

Warehouse lenders that are involved in EBO financing, or that are considering entering the lending space for these assets, are presented with a unique array of risks and challenges that can arise from the complex nature of servicing delinquent GNMA mortgage loans.

Knowing and understanding the many scenarios that can arise when dealing with these assets provides a tremendous advantage in proper risk management for capital providers. In addition to understanding the various cashflow triggers that impact the ultimate value of an EBO pool, being able to quantify the sensitivity of the expected cashflow of a given pool as it pertains to these unique cashflow triggers is a vital aspect in determining a proper advance rate and cost of funds.

PHOENIX has the capability to evaluate pools of GNMA EBO on the loan level, and provide comprehensive cashflow reporting that can help properly inform warehouse lenders of the various risks associated with EBO financing. Our proprietary cashflow modeling software along with invaluable trade & servicing information enable us to properly identify the primary sources of risk for EBO assets. This allows us to generate an array of cashflow scenarios that pertain to each specific pool, and encapsulate all of the unique aspects of GNMA EBO. Combining these powerful analytic capabilities with our special servicing oversight and validation agent diligence services on in an EBO financing business provides warehouse lenders unique expertise to bolster superior governance and risk management.

Your Trusted Advisors

The PHOENIX Mortgage Services leadership team brings decades of hands-on servicing operations and quality control experience to each client partnership. With each engagement, our senior team is directly involved in developing solution architecture, recommendations and operational delivery.