WL Sale & Securitization

Streamline loan sales and securitizations with smart sourcing and an intuitive auction process. Easily generate offer tapes, receive bids, and award the best bid - all in one platform.

Minimize repurchases, related losses, and costs. Expedite transactions by eliminating redundant data collection and scrubbing. Empower teams to collaborate using a unified data set. Accommodate future growth and meet current SLAs with your existing workforce. Activate optional add-ons like servicer surveillance, claims management, and accounting over time.

Product Highlights

  • ► Track saleable inventory

    ► Tag & exclude non-saleable loans

    ► Exclude paidoff or delinquent loans using servicing data

    ► Source loans that meet deal or investor eligibility criteria

    ► Model multiple investor pricing criteria

    ► Automatically price & lock loans with investors that are also on LMS network 

Sourcing

  • ►Reduce dependency and cost associated with third-party brokers

    ► Automatically generate bid tapes for potential investors

    ►Capture bids from investors

    ► Track which loans were dropped from a sale

    ► Award offer to most compelling bid

Marketing

  • ► View & resolve third-party reviewer’s results using automated vendor data feeds

    ► Automatically submit exceptions to investors that are also on LMS network

    ► Sanitize exception descriptions for Annex D securitization reporting

    ► Leverage custodian data to address trailing documents exceptions

Condition Clearing

  • ► Repurchase warehoused loans about to be sold

    ► Ensure diligence is completed before closing securitization

    ► Generate funding schedules with amortized balances, calculated interest and fees

    ► Paperless signature approvals with integrated DocuSign technology

    ► Produce Annex D report for securitization

    ► Produce ASF report for investors and ratings agencies

Funding

Surveillance

  • ► Monitor deal performance by loading in servicing updates

    ► Run deal-level cash flow projections

    ► Compare securitizations against one another 

    ► Buy back loans not meeting deal parameters

    ► Call back entire securitization at a higher price 

  • ► Manage seller putbacks, premium recaptures, and repurchases 

    ► Automatically initiate a claim when an EPD or PR clause is breached

    ► Clear conditions with the seller 

    ► Sign funding schedules powered by DocuSign

Claims