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Graphic Course: Web Conference TrainingWP: Processing Liquidation Options Graphic

This 2 hour webinar details how to structure and analyze liquidation transactions including short sales, deeds-in-lieu of foreclosure (DILs), and charge-offs using Workout Prospector®. In addition, this session will provide instructions on how to utilize the new automated settlement path enabling quicker and more efficient settlement of your workouts.

This session highlights the workout screens that are available in Workout Prospector to support the evaluation of liquidation options continuing through a successful settlement. Processing tips and best practices are also provided.

  • Understand how to use Workout Prospector to evaluate borrowers for short sales, DILs of foreclosure, and charge-offs.
  • How to utilize the automated settlement
  • Find out about updated and more intuitive messages
  • Key concepts regarding short sales, DILs of foreclosure, and charge-offs
  • Workout Prospector functionality for data input
  • When to send to Freddie Mac for review, if necessary
  • Automated settlement functionality for short sales, DIL and charge-offs

Session times show Eastern Time zone