Company Profile
Founded in 2003 as a specialty finance company, Residential Mortgage Solution (RMS)
has participated on over 300 distinct buy and sell side transactions totaling over $24 billion in principal
balance (UPB) as well as provided surveillance services on over $90 billion in UPB over a 20 year period.
In an effort to improve its own portfolio performance, RMS, and its affiliate
RAM, engineered a highly effective servicer surveillance and oversight solution
powered by a revolutionary web-based search and analysis engine called Mortgage
Market Management (“M3”). This combination of talent and technology was developed specifically for
asset level surveillance of sub and non-performing residential mortgage loans
and REO Asset Management. RMS’ loan servicer surveillance process and its REO Asset Management have resulted
in reduced loss severity results for its owned.
RMS offers its proprietary servicer surveillance and oversight solution to
mortgage institutions whose servicing operations and 3rd party servicers may
benefit from a higher degree of surveillance, oversight and proactivity. RMS’ experienced advisors and innovative technology deliver value-added loan
servicer surveillance and REO asset management. RMS monitors and manages all
aspects of the loss mitigation, foreclosure, bankruptcy and REO liquidation
process with loan-level monitoring and decisioning utilizing a “Servicing Arbitrage” approach to mitigate loss and maximize returns on investment.
M3 provides a robust data warehouse platform utilizing loan-level servicer data
which automates the process of identifying loans or REOs that have collection,
loss mitigation or disposition issues, allowing for timely, effective and
meaningful resolution. Not only does M3 track and warehouse all relevant data, it anticipates the data
needed for any given specific task and presents the key information required
for accelerated decision making. M3 automates the entire process through a
single, transparent, on-command data system. This cost-effective solution
creates substantial savings and reduces loss severity on non-paying loans by
5-15%. It is simply the industry’s most versatile and comprehensive solution for managing residential real estate
loans and REO properties.
