Loan Servicing Support

Situs Outsourcing Solutions supports the financial and asset management analysis for your commercial real estate loan servicing portfolio. Whether it is flow processing of servicing workflow or a targeted project, our experienced team always delivers quality. Our clients continuously test our performance and note our flexibility, disciplined process and exceptional results. The services we provide include:

• Financial statement analysis (OSARs)
  
• Loan assumption underwriting
• Lease consent / termination underwriting
• Trigger analysis
• Insurance compliance review with integrated database solutions
• Loan collections / workouts
• REO accounting support
  
• Reserve draw analysis and audit / construction draws
• Loan abstracts
  
• Servicing system update / loan boarding / audit
• Asset management system setup / maintenance
  
• UCC recording and compliance
• Periodic loan reviews / risk rating analyses
• Cash management / waterfall administration
• Satisfactions / payoff quote calculations