The benefits of Master Risk Management are extensive.
Among the more significant are:
- Convergence of credit risk management and servicer risk management
- Puts person responsible for risk management in control of most important components: cash and reporting
- Reporting drives problems: it tells us where are the problems, what are the causes, what is the financial impact?
- No other “independent” entity provides a comprehensive asset risk management solution
- First company to combine the core competencies of master servicer and credit risk manager
- For the first time, our independent solution provides investors full transparency, third party reviews, and accountability to protect their rights
- Descriptive terms that differentiate our approach:
- Independent with enforcement powers
- Timely communication of issues with investors
- Responsive to investor needs
- Transparency in identifying cause of problems to investors
- Cost effective ROI
- Investor centric
- We puncture the illusion that master servicers are protecting investor interests
- Accelerate investor’s ability to get timely portfolio information
- Provides investors independent representative that combines security investment strategy with loan level review expertise
- Shifts investor focus from reactive to proactive in reducing potential losses
- Replaces passive master servicer with an aggressive master risk management solution motivated to protect investor interests
- Replaces passive master servicer with a robust master risk management solution that protects investor interests
- Changes the dynamics from passive acceptance of operational decisions to strategic management input to minimize losses (or maximize returns)
- For the first time, puts investors in control of loan level decisions
- MRM pushes to the forefront the best interests of investors
