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CONSULTING
Risk Management
Clayton Euro Risk has conducted many international and domestic operational risk assessments of originators, servicers, and warehouse lending facilities over the last five years. Our operational risk assessments and policy and procedure reviews are designed to identify current issues and, if necessary, assist with remediation to maximise portfolio performance and reduce risk. Clayton identifies and documents issues and gaps in the company’s operations and proposes solutions through alternative workflows, systems, and organisational structures. Our recommendations are designed to enhance an organisation’s performance, mitigate loan-level and portfolio losses, and identify areas of operational risk.
Suite of Services
Servicing Operational Risk Assessment
- Assess residential servicing operations to ensure that
policies and procedures meet industry best practices.
- Analyse servicer financial viability and risk exposure.
- Provide crisis and management support services for all
facets of servicing.
- Perform loan-level due diligence reviews to determine
adherence to stated servicing practices.
Counter-Party Surveillance
- Assist with portfolio oversight and default
projections.
- Develop ongoing surveillance activities to monitor servicing
practices and loan performance.
- Perform ongoing operational assessments of
current practices and planned initiatives.
- Conduct loan-level due diligence
reviews of applied servicing practices versus stated practices.
Servicing
Transfer Solutions
- Development of servicing transfer strategic plans.
- Facilitation of cross-organizational and cross-departmental communication
necessary to successfully execute a servicing transfer.
- Provide a thorough
understanding of loan fields critical to administrative and default loan
servicing functions.
- Manage servicing file transfer, including packing,
shipping, accounting, and audit-trail preservation.
Warehouse Lending Solutions
- Assist with the development of warehouse and pool management
- Establish guidelines, procedures, and reporting to ensure that the mortgage loans financed by the program conform in all respects to the warehouse loan agreement.
- Establish a monitoring program of the warehouse activities as well as carry out the due diligence activities of the program on an annual basis (or more frequently as needed).
- Identify potential warehouse operational risks and the controls used to mitigate such risks.
What is the Value-Add to Your Business?
- Expanded knowledge of industry best practices and the impact on performance.
- Implementation of 'best-in-class' procedures to monitor, originate, and service mortgage collateral in a challenging environment.
- Achieve improved results through receipt of prioritised goal-based strategic planning and leverage Clayton’s extensive experience to develop timely and cost-effective business solutions.
- Reduce loan loss severities through enhanced origination services and improved servicing practices. .
- Identify missed opportunities and process gaps through ongoing surveillance.
- Leverage metrics-based industry comparisons to gauge performance and identify areas for improvement.
- Assessment of potential loan programs and the regulations required for expanded product offerings.
- Risk mitigation through due diligence analysis of the risks/rewards associated with the purchase or sale of a target mortgage-banking business.
- Realise the impact of the acquisition/sale on financial statements, accounting policy, regulatory requirements or capital/liquidity requirements.
- Identify issues prior to a purchase that are crucial to the economics and risk of an acquisition.
- Improve marketing of an asset with independent experts that have a thorough understanding of the focus, potential concerns, and information needs of the mortgage-banking investor community.
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