HomeAnswers

Loss Mitigation and Asset Resolution

What is distressed asset resolution?

End-to-end management of non-performing loans, REO and other troubled assets through to disposition.

Distressed asset resolution is the end-to-end process of managing and resolving non-performing loans, REO properties and other troubled assets. It spans servicer oversight, borrower outreach, loss mitigation, legal coordination, property preservation and management, and final disposition. Done well, it turns a liability on a balance sheet into a closed file with a documented recovery.

First Lien Resolutions provides full-cycle resolution services for banks, credit unions, institutional investors and family offices. As an FDIC-approved investor and asset manager, the firm has built its reputation on creating value where others see only liability.

Related resource: First Lien Resolutions

Have a question Bill has not answered here?

Grab 15 minutes with Bill, or catch the latest episode of The Debt Doctor.

Schedule a 15-minute introWatch The Debt Doctor