Scratch and Dent Loan Servicing

If you are considering acquiring seriously delinquent existing loan portfolios and have limited or no capability to service the loans, LoanCare will:

• Arrange for due diligence, valuations and pricing support on the front end.
• Review/assess portfolios to be purchased.
• Once under management, leverage our loss mitigation programs to return loans to a performing status.
• Provide periodic loan-by-loan performance review.
• When loss mitigation efforts fail, proceed with facilitating the foreclosure process and monitoring the bankruptcy process.
• Arrange for REO disposition.