Exit from Forbearance Solutions

Forbearance exit volume continues to grow – help your borrowers make a graceful exit from forbearance

With record numbers of homeowners still in COVID-19 related mortgage forbearance plans, and many at risk of foreclosure when they exit forbearance, servicers are doing everything they can to prevent avoidable foreclosures. Our experienced team assists servicers with providing a smooth transition out of forbearance.

loss mitigation

Our partners are facing unprecedented challenges due to the constantly changing landscape of default servicing.  In order to provide assistance and bandwidth, SingleSource has proactively developed Servicing Support Services to help our partners handle the fluctuations in volumes and changing priorities.  Through a dual phase training program, we provide flexible staffing capacity on demand with minimal client effort to implement, and no long-term commitment.  Our resources can be deployed and moved to assist wherever is needed, allowing your teams to focus on your highest priorities.  

DEED IN LIEU

Rather than relying exclusively on a current owner search, we go the extra mile to provide servicers with a full product search to assist in making informed decisions from the start. Our deed in lieu model provides servicers with the history for 20, 40 and 60 years to help servicers get it right the first time and reduce risk, save time and money. 

Loan Modification

Our title and document management teams are here to help you create the documents to put the new terms of the loan modification into place and reduce your borrower’s monthly payments. With our nationwide network of abstractors, attorneys, and notary public signing agents, we provide complete coverage for all title needs.

SHORT SALE

As a licensed AMC, we help provide the most accurate value before marketing the property or accepting an offer, to help you recoup your losses. When combined with our centralized title and closing department, we offer an end-to-end solution for the short sale process.

LEARN MORE about how ouR team can work for you

Speak with a SingleSource team member to learn more about how our services are the right choice for you.