WL Sale & Securitization
Streamline exit process by auto-sourcing loans to a sale or securitization using loan criteria. Users can generate and submit bid tapes to all counterparties using an intuitive auction process.
Sellers can submit their bids through the portal, and users can choose which bid to accept.
Product Highlights
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► Reduce dependency and cost associated with third-party brokers
► Manage all bids on a new sale in one place
► Automatically generate bid tapes for potential buyers
► Enter potential buyer’s exclusion criteria to determine which loans should be dropped
Direct Sales & Auctions
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► Autosource loans that meet deal parameters
► Manage diligence results on pending loans
Securitizations
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► Minimize repurchases, related losses, and costs
► Servicing data integrated to locate and drop paid off loans
► Warehouse results integrated to find loans that need to be repurchased
► Custodian results integrated to find loans with trailing documents