 |
Backup and Successor
BackupPlus is the premier offering in the marketplace for backup servicing.
BackupPlus provides security by verifying the primary servicer’s reports and
providing additional forecasts, trends, highlights, and also PFSC’s
operational, business, and financial analytical perspective.
PFSC will receive and archive the data from the primary servicer, map and
translate all portfolio data and create a portfolio unique environment on the
PFSC analytical system. PFSC will then reconcile, test and benchmark all
current portfolio data using the servicer report and the servicer download
files. PFSC will issue monthly backup servicer reports that can include data,
graphs, and narrative.
BackupPlus can include any or all of the following services/reports:
-
Contracts added to pool report/graph
-
Contracts removed from pool report/graph
-
Changes in yield report
-
Delinquency trends report/graph
-
Contract defaults report
-
Charge off report
-
Verification of access to lockbox
-
Servicer Report verification
-
Servicer site visit and report
-
Data archiving
-
Conversion mapping to PFSC’s servicing systems
-
Concentrations (vendor, broker, geographic, customer, etc.)
|
|
|
Interested? Tell us how we can reach you.
|
|
|
