Lakewood offers transaction advisory services related to the trading of performing and non-performing whole loans. With experience on both the selling and buying sides of residential mortgage transactions, our expertise in all aspects of a trade along with seamless communication make us an invaluable partner in getting the deal done to the satisfaction of both parties. Accurate information about the loans you are buying or selling is key to reducing risk and maximizing profit.
Preparing loan files (electronic or paper) with a document inventory in uniform stacking order
Ordering credit reports and Broker Price Opinions (BPOs)
Examination of BPOs and appraisals to detect potential value or property issues
Verification of data including identification of discrepancies with the loan file
Reading and analysis of collection comments and pay histories
Loan level due diligence for adherence to investor guidelines
Testing for compliance with all federal, state and local regulations