The Hilltop Companies, a leading provider of financial, operational, regulatory and technology advice to the Banking, Mortgage Banking, Capital Markets and Government Finance sectors has announced the enhancement of the services it provides to the Mortgage Servicing sector. Under the direction of Don Davis and George Schwartz the company provides industry leading solutions in six key functional areas:
Servicing Compliance
With the increased emphasis on regulatory compliance, servicers not only need to be prepared for the multiple audits they will be faced with, but also need to demonstrate that they have on going testing to validate their compliance with all regulatory and investor related rules and processes. Hilltop is prepared to assist in helping servicers build their compliance operations and also provide an independent compliance assessment.
Servicing Asset Value Realization
Are corporate advances properly classified and managed? Does the servicer’s default claim process recover all funds that are due? Hilltop’s financial management tools can help servicers stay on top of these critical financial areas.
Investor Reporting
Hilltop’s experienced team of accounting and financial professionals are equipped to help servicers uncover and rectify issues in this critical area prior to the outside auditors.
Operational Effectiveness and Efficiency
The new realities of mortgage servicing have created the need to change the structure and make-up of mortgage servicing operations. Enhanced reporting to support this new reality is a requirement to be able to determine how effective the servicing operations really are. Hilltop’s experienced executive team is uniquely qualified to assist servicers evaluate their operations and help them make the necessary adjustments to structure and organization.
Data Analytics Solutions
Over the past few years there has been a dramatic growth in the number of end user designed reports as servicers have tried to be responsive to the ever changing rules and requests for information. This has impacted data quality and has frequently caused a lack of consistency in the data itself. Hilltop has the technical team to help servicers get control of these processes, reduce the number of end user generated reports and insure that the data quality is there to obtain the optimal GSE performance ratings.
Servicing Business Analysis and Strategy
As servicers look to expand through portfolio or company acquisition, there is a need for appropriate due diligence and analysis. Hilltop has a long history of assisting servicers in this critical acquisition process.
For additional information, contact: Lauren Pongallo at [email protected]
[The Hilltop Companies is an affiliated group of consulting, regulatory compliance and accounting firms dedicated to providing finance, accounting, regulatory compliance, risk management, business operations, technology and data controls and transaction related services. Our clients are in the Financial Services and Real Estate industry segments, as well as the Federal government financial sector. We specialize in all aspects of the lending and capital markets with extensive expertise in the residential, multifamily and commercial real estate and mortgage industry segments.]
