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ProCouncil™ Advisory
A Limited Liability Division
Litigation, Risk & Default Servicing Mitigation Products, Solutions and Services
BANKING, MORTGAGE LENDING & SERVICING
LITIGATION | SPECIAL SETTLEMENTS | INVESTIGATIONS | RISK & ASSET PROTECTIONS
DEFENSE & PROSECUTION | SOLUTIONS FOR MORTGAGE BANKING &
RELATED INDUSTRY PARTICIPANTS, INCLUDING SERVICERS /
LENDERS / INSUREDS/INSURERS and REMICS
New Problems | New Solutions
New Problems:
Rising & Hidden Litigation & Operational Risks
Recent laws, regulations and cases have greatly enhanced liability exposure.
New (2008) cases support serious new exposure to Trustee suits representing debtors for
(hidden) violations of BK/Foreclosure administration procedures.
June, 2008: The trustees have adopted new best practices that must be reconciled with your
internal servicing operations and practices.
Punitive Damages are waiting for the unwary! New (2008) cases offer opportunities to limit liability and “punitive” damages with certain “revised” (best) practices.
Overwhelming Backlog of Loans In Need of Special Default Servicing Loss Mitigation
Failed Servicer/Lender efforts to deliver effective, timely and accurate loss mitigation
services can result in unnecessary losses to investors, lenders and servicers.
There is a shortage of sensible loss mitigation and modification solutions with incentives
for the borrower, lender/servicer and investor.
There is a shortage of experts with respect to principal reduction modifications
and special default servicing.
New Solutions:
We Mitigate Litigation, Operational & Surveillance Risks, including Bankruptcy-Foreclosure-Trustee Administration & Adversary Action Risks, Loss Mitigation & Modification Risks, Credit Agency & Rating Risks, & Media Headline Risks. We work with your team to reach settlement & mitigation solutions for litigation and operational risks.
As recent laws, regulations and cases have greatly enhanced liability exposure, the need for voluntary resolution of such issues or lawsuits is now paramount. Opt In Safe Harbors™ and Litigation Free Zone™ can provide the framework to such resolution.
Confidential Strategy™ Solutions can offer benefits of resolving or mitigating litigation & operational risks with OptinSettlements™ through OptInSafeHarbors™ in a Litigation Free Zone™
With “Revised” (Best) Practices.
Alternatives for costly Foreclosure require incentive programs that motivate default loss mitigation
over foreclosure procedures. Our new DefaultReferral™ system is backed by our HotNeutral™/AFN® national network of legal experts. The AFN and its handpicked national legal group has the exclusive HotNeutral™ license to implement BKMods™, OptinMods™, OptinSettlements™, OptinSafeHarbors™, LitigationFreeZone™, DefaultReferral™, and Confidential Strategy™
products and solutions.
Litigation & Risk Mitigation Products and Solutions
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Incentivized Modifications™
OptInSafeHarbor™ with “Revised” (Best) Practices
TIIPAdvances™ Collection and Modification Program
LitigationFreeZones™ with Confidential Strategy™ Solutions
OptimalOperationalControls™
Confidential Strategy™
OptInSettlement™
LitigationFreeZone™
DefaultReferral™
HotNeutral™
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HotNeutral™ | OptInSettlement™ | LitigationFreeZone™
OptInSafeHarbors™ | ConfidentialStrategy™
Sbiem™ | Shared Built In Equity Mortgage™
QBieSam™ | Quarantined Built In Equity Shared Appreciation Mods™
BKMods™ | OptInMods™
DefaultReferral™
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HotNeutral™
OptInSettlement™
OptInSafeHarbors™ | LitigationFreeZone™
DefaultReferral™
Confidential Strategy™
BKMods™ | OptInMods™
OptInCramDowns™
TID™ | SHILO™
FMII™ | DMII™ | IMII™ | BMII™
Opt In Solutions™
Opt In Secure™
Opt In Safe Harbor™
Opt In Modifications™
Opt In CramDowns™
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