How Does Servicing Transfer Work After Non-Performing Note Acquisition?
Servicing transfer for non-performing loans (NPLs) is a core function of distressed-asset management. This guide explains the mechanics of servicing transfer, with emphasis on mortgage servicing rights (MSRs) following acquisition of non-performing notes. Financial institutions frequently encounter operational-continuity challenges during these transfers that can materially affect portfolio performance. A clear understanding of the principal steps […]