For Lenders

In today’s turbulent market, lenders have been forced to employ a more active, hands-on approach to loan management. In those circumstances where a lending institution lacks the resources to effectively manage its volume of performing, sub-performing and non-performing credits, RRA has helped these institutions successfully navigate each aspect of the potential life cycle of a loan through the following services.

 

Portfolio Triage™/Loan Portfolio Review

Through its Portfolio Triage™ process, RRA is able to provide its lender clients with a comprehensive understanding of the following characteristics of every loan:

  • Risk Rating/Profile
  • Underlying Collateral Security
  • Potential Risks
  • Issues Requiring Attention
  • Current Financial Condition of Asset
  • Current Physical Condition of Asset
  • Current Underlying Asset Operations
  • Collateral Value
  • Impact of Current Market Conditions
  • Borrower current financial position
  • Disposition Viability

The Portfolio Triage™ process includes:

  • Detailed review of all loan files and all subsequent documentation
  • Borrower Interview (If Requested by Lender)
  • Market Research/Local Broker Interviews
  • Site Visit/Market Tour

 

Mortgage Quality Index/MQi™

RRA’s proprietary Mortgage Quality Index™ is the most comprehensive mortgage risk rating system available in the marketplace today. Utilizing the data gathered during the Portfolio Triage™ process, RRA’s MQi™ is a weighted algorithm which relies on underlying rating categories and subcategories to arrive at a loan risk rating “score” on a 1 to 10 scale. MQi™ is used to proactively identify those loans facing above average probability of loss and allows a lender to properly tranche their portfolio according to attention priority.

 

Resolution Roadmap™/Workout Services

Having sat on “both sides of the desk” through numerous cycles as both borrower and lender, RRA is acutely aware of the complex nature, numerous pitfalls and best practices associated with the workout of a non-performing loan. Honed by its many decades of successful workout experience, RRA’s special assets resolution approach is based on the following general principles:

  • Team Approach
  • Early Detection/Pro-Activity
  • Legal Protection
  • Information/Data
  • Data Analysis
  • Strategy Development
  • Effective Implementation/Execution

 

REO Asset/Property Management and Disposition

RRA’s comprehensive lender advisory services platform provides the best solution for all potential dispute resolution outcomes including:

  • Receivership – RRA principals have served as court-appointed receiver since 1974
  • REO Asset/Property Management – with over 500 years collective CRE property ownership, investment and management experience across multiple property types, RRA is uniquely experienced and qualified in creating value in under-performing assets
  • REO Disposition Management – through its extensive network of national and regional brokerage relationships, RRA will identify the individual broker most capable of generating the highest sale proceeds according to specific property characteristics and marketing requirements and manage the process on behalf of lender