COMPREHENSIVE sOLUTIONS
Scratch and Dent loans are an inevitable aspect of mortgage lending, even for the most detail-oriented lenders. Despite advances in automated underwriting and the Rep & Warranty certainty provided by Fannie Mae and Freddie Mac, human error from loan officers, underwriters, closers, and borrowers can still lead to imperfections. At PHOENIX, we understand these challenges and offer comprehensive solutions to manage your S&D loans effectively.
ORIGINATION QUALITY CONTROL
Phoenix Collateral Advisors can provide support services to help improve your quality control processes. Our QC professionals conduct thorough reviews that adhere to regulatory and Agency guidelines and identify risk areas to reduce underwriting mistakes, defaults and repurchased loans. We offer customized
services to meet your specific needs.
TRADING SCRATCH & DENT LOANS
Phoenix Whole Loan Solutions is the market’s most reliable principal and broker for S&D loans. Trading these loans involves many nuances that even seasoned capital market professionals typically overlook. Whether you have a single loan or a large portfolio, PHOENIX offers a range of services including:
Portfolio Assessment
Each S&D loan’s unique nature requires a specialized approach, different from the generally homogenous production that an originator trades daily.
Pre-Sale Deal and Data Preparation
We ensure all necessary documentation and data are meticulously prepared for a smooth sale process, along with upfront advisory so the seller knows exactly what to expect and how to adhere to the timeline.
Targeted Marketing
Our detailed upfront data analysis ensures that we present you with qualified and accurate bids from a diverse pool of investors, including banks, funds, REITs, family offices, and IMBs that target this asset class.
Hands-On Transaction Support
With decades of experience as both buyers and sellers of S&D loans, our transaction management team offers unparalleled expertise and guidance. This distinctive knowledge allows us to manage every transaction with efficiency and reliability, providing added confidence for both buyers and sellers.
Closing Services
We facilitate a seamless closing to finalize the sale and transfer efficiently.
VALUATION & PRICING SERVICES FOR RETAINED LOANS
For clients who prefer not to liquidate performing loans at a discount, Phoenix Analytic Services offers mark-to-market valuations and pricing services. We leverage insights from our trading desk alongside an understanding of your portfolio’s unique trends, performance, and cash flows. This enables us to provide accurate and up-to-date valuations, ensuring you make informed decisions about your S&D loans.