Primary Loan Servicing
Walter Mortgage Company’s servicing organization has been a primary servicer of non-prime residential first liens since 1958. Walter Mortgage Company is a rated servicer with tenured management and strong default management practices. Walter Mortgage Company has delivered strong sub-prime portfolio performance due to the successful combination of standard back office servicing for on time payments and a seasoned field force to service delinquent borrowers.
Special Loan Servicing
WMS specializes in assisting in the transformation of defaulted loans into performing assets. WMS’ organizational structure was developed to maximize customer contact on “high touch” assets. WMS utilizes its experienced staff of field representatives to uncover the reasons for the borrower’s default and to make the best recommendation to the investor. WMS views every visit to a borrower’s residence as a loss mitigation visit. WMS has consistently provided low delinquency levels for its non-prime residential portfolio.
Delinquency and Loss Mitigation Contacts
WMS can provide your company with specialized borrower contacts through our team of full time field representatives. WMS field success rates routinely average over 70%, due to the benefit of our 60+ office locations. WMS field representatives average over six years experience in the mortgage servicing field and are trained and tested on FDCPA.
Property Inspections
WMS can provide your company with accurate and reliable property inspections of all kinds, including but not limited to, condition reports, occupancy inspections, sale date inspections, insurance loss inspections, and REO status inspections. |
Walter Mortgage Servicing Portfolio Delinquencies Since 2004
WMS Geographic Footprint
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