A solution for the management and resolution of distressed loans, Mozart for Special Servicing (“MoSS”) helps servicers streamline their loan resolution processes. Servicers use this tool to analyze a complete set of alternatives for each loan and calculate the highest Net Present Value (“NPV”) outcomes. This set of alternatives includes refinancing, “best-fit” loan modifications that can reduce repeat default rates, short sales, and foreclosures/deed-in-lieu foreclosures.
Key capabilities of Mozart for Special Servicing include:
- Aligning borrower, banker, investor, secondary market and other third party interests up front with accuracy
- Understanding the borrower’s intentions and needs regarding hard and soft expenses, desire to stay in the home, and other non-mortgage obligations;
- Supporting government programs such as Freddie Mac HAMP, Fannie Mae HAMP, HAFA Short Sale, MHA 2MP, etc.
- Integrating upstream and downstream systems through a robust API
Read more about MoSS implementaion by clicking one of the following case studies:
Overture Implementation at a Large Specialty Servicer Client
MoSS Web Service Integration for Mid-Size Loan Servicing Client
Regulatory Compliance & Advisory for Mortgage Servicing Client
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