SPECIALTY SERVICING AND MORE
We’re experts at managing non-performing and re-performing loans. But Selene also supports your entire mortgage servicing business — all product types and a variety of services throughout the life of the loan.
NON-PERFORMING LOANS AND RE-PERFORMING LOANS
Selene improves the scale, quality and economics of your servicing operations through our expertise in servicing NPL and RPL portfolios, utilizing our proprietary technology system, SARA, which interfaces with industry standard platforms. SARA tracks and manages such actions as customer interaction and financials; loan resolution; underwriting; and client waterfalls, just to name a few.
Selene’s portfolio primarily consists of RPL and NPLs, including foreclosures, bankruptcies and REO’s. Jointly developing strategic campaigns with our clients drives borrower contact and workout volumes, to ensure each loan achieves the desired resolution.
REAL ESTATE MANAGEMENT SERVICES
We understand that your needs are focused on the best financial execution, not just loan resolution. Selene manages the all-inclusive REO process to meet your needs — from referral to closing.
Our focus:
COMPONENT SERVICING
When your needs are more targeted, we have a broad range of servicing solutions to support your entire operations. Selene can provide custom services that address your needs, including borrower contact campaigns, modification pre-qualification and solicitation, underwriting and modification processing, decisioning and fulfillment strategies.
You can tap into our default management expertise without a servicing transfer and enjoy access to our proprietary loan monitoring system and reporting capabilities.
GINNIE MAE SERVICING
Selene maintains a close working relationship with Ginnie Mae as an approved issuer and is one of the only two approved subservicers.
Additionally, Ginnie Mae has selected Selene as one of only two default servicers.
PERFORMING LOANS
Selene’s capabilities go beyond special servicing. We can handle everything from loan administration to early stage collections. We’re ready to help you manage your entire portfolio.
SELECTIVE ACQUISITION OF MSRs
We all know the challenges of managing Mortgage Servicing Rights. If you are looking to mitigate your risk in this area, Selene’s servicing expertise and understanding of these risks can be a valuable resource for your team.
RISK MANAGEMENT AND COMPLIANCE
Selene’s comprehensive and proactive risk management program provides full oversight of all regulatory activities, including CFPB audits and state examinations. We ensure that you are aware of changing laws and regulations, including compliance with all policies, procedures, and technology requirements.
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