Special Servicing Services

Workouts and Restructuring | Foreclosure and Repossession | Risk Assessment | Legal and Regulatory Compliance | Communication and Documentation | Divestiture

LENDING COMPLIANCE SYSTEMS®

DISTRESSED LOAN PORTFOLIO MANAGEMENT AND DIVESTITURE SERVICES

SPECIAL SERVICING SERVICES

SPECIAL ASSETS | SPECIAL SITUATIONS | COLLATERAL MANAGEMENT | RISK MITIGATION | DIVESTITURE

A Symphony of Special Servicing Expertise™Lending Compliance Systems®

DISTRESSED ASSET MANAGEMENT AND DIVESTITURE SERVICES

For over 40 years, EDS’ Lending Compliance Systems® Group has provided the complete spectrum of special servicing, collateral management, and risk-mitigation services to financial institutions, lenders, leasing companies, and myriad other creditors, investors, and stakeholders throughout the world, and we have generated and returned Billions of Dollars to our clients’ treasuries.

Special servicing services in banking refers to a specialized function that deals with managing distressed or troubled assets, typically loans or investments. When a borrower is unable to meet their payment obligations, these loans are considered at risk of default. Special servicing steps in to handle these cases, aiming to minimize losses and maximize recovery for the lender or investor.

EDS’ Special Servicing Services team often takes over from regular loan servicing when the loan becomes delinquent or encounters problems such as non-payment, bankruptcy, or financial distress on the part of the borrower. Our role includes:

  1. Workouts and Restructuring: Negotiating new terms, repayment plans, or restructuring the loan to make it more manageable for the borrower while still aiming to protect the interests of the lender.
  2. Foreclosure or Repossession: Initiating foreclosure proceedings or repossessing collateral, depending on the type of loan and the available security.
  3. Risk Assessment: Evaluating the potential risks and determining the best strategy for minimizing losses, whether through renegotiation, restructuring, or liquidation.
  4. Legal and Regulatory Compliance: Ensuring that all actions taken comply with relevant laws and regulations, which can be complex and specific to different types of loans or assets.
  5. Communication and Documentation: Maintaining communication with the borrower, documenting all actions taken, and keeping accurate records of the process.

Overall, our special servicing aims to navigate the complexities of distressed assets and maximize recovery while minimizing losses for the lender or investor involved.

Our distinctive Lending Compliance Systems® programs and services reduce risk and bring our clients the safety, comfort, flexibility, and confidence to increase credit to existing customers and to seek out and book new business opportunities where others cannot.

Lending Compliance Systems®For over 40 years, our Lending Compliance Systems® Group has skillfully guided and judiciously represented financial institutions, secured creditors, private equity, attorneys and law firms, investors, and myriad other stakeholders in handling their Collateral Management needs.

The Complete Spectrum of Collateral Management ServicesOur Collateral Management and Risk Mitigation suite of services includes Feasibility Studies, Pre-Funding and Transactional Due Diligence, Collateral Asset Inspections/Tagging/Cataloging/Appraisals, Site/Risk Assessments, Account Monitoring, Project Management, Environmental Compliance Reviews, and Periodic Onsite Exams and Audits.

SUPER APPRAISERS®ELITE-RATED AppraisalsEDS Valuation Group values assets across industries and asset classes worldwide. Our valuers are internationally recognized and accredited ASA/RICS/MAI & USPAP/IVS appraisal instructors—all Super Appraisers® Elite-Rated international valuation luminaries.

REAL ESTATE | BUSINESS VALUATION | PERSONAL PROPERTY | MACHINERY & EQUIPMENT

Asset Recovery Centers of America®Our Asset Recovery Centers of America® unit owns/operates strategically located multipurpose venues for storing and remarketing recovered assets. Our full-service Recovery Centers fulfill EDS’ unique capacity to immediately marshal our clients’ recovered moveable assets, air, land, and marine to our secure facilities for disposition.

TESTIMONIALS

The actions undertaken on behalf of Signal Capital have established a level of confidence that has resulted in EPA allowing Signal to dispose of movable property on the facility in a way that most secured creditors would ordinarily not enjoy. In fact, I know of no other analogous situation where the EPA Region 6 Removal Program has cooperated with a secured creditor to the extent it has due to your efforts.

Senior Attorney

USEPA, Region 6

TESTIMONIALS

Such a relationship generally does not develop whereby EPA would permit a secured creditor to liquidate uncontaminated movable property due to the realistic concern that such actions would aggravate existing environmental problems or would interfere with EPA’s removal action. It is not at all unusual that in EPA’s proper exercise of its CERCLA responsibilities such accommodations are flatly rejected.

Senior Attorney

USEPA, Region 6

TESTIMONIALS

Notwithstanding that general approach, you have demonstrated a level of responsibility and credibility that has warranted a different approach for EPA in this matter.

Senior Attorney

USEPA, Region 6

Collateral Management Services

DUE DILIGENCE | INSPECTIONS | VALUATION | RISK-MITIGATION | MONITORING | COMPLIANCE

Credible Collateral Management is critical to the lending process.

Collateral Management Services refers to the process of managing and monitoring the assets that are pledged as collateral to secure a loan or other type of financing. Collateral management is a critical component of lending, as it helps to ensure that the lender has a sufficient level of protection in the event that the borrower defaults on the loan.

The process of collateral management services begins with the identification and selection of the appropriate collateral. This typically involves an assessment of the value, liquidity, and risk of the collateral. Once the collateral has been selected, the lender will establish a collateral management program that includes procedures for monitoring, valuing, and maintaining the collateral.

The lender will also have to establish procedures to ensure that the collateral is properly maintained and insured. This may include regular inspections and appraisals of the collateral, as well as the maintenance and replacement of any damaged or worn-out assets.

It also involves monitoring the performance of the borrower and managing the collateral in the event of default. This may include taking possession of the collateral and liquidating it to recover the outstanding loan amount.

It is typically managed by the lender or dedicated collateral management experts such as EDS. The use of technology such as collateral management systems (CMS) is becoming more common in order to automate the collateral management process and to improve the efficiency and effectiveness of its program.

For over 40 years, EDS’ Lending Compliance Systems® Group has provided the complete spectrum of collateral management and risk-mitigation services to financial institutions, lenders, leasing companies, and myriad other secured creditors, investors, and stakeholders throughout the world.

Our Collateral Management and Risk Mitigation suite-of-services include Feasibility Studies, Pre-Funding and Transactional Due Diligence, Collateral Asset Inspections/Tagging/Cataloging/Appraisals, Site/Risk Assessments, Account Monitoring, Project Management, Environmental Compliance Reviews, and Periodic Onsite Exams and Audits.

Our multidisciplinary compliance examiners and site-specific specialists work closely with the client to analyze and determine its institutional and regulatory requirements. After goals and objectives are established, our compliance teams prepare comprehensive protocols, develop account and site-specific strategies, and visit the borrower’s location(s) to identify, tag, and document collateral assets, and we pair this knowledge with the direct asset recovery experience of our commercial/industrial disposition experts. We meet with borrowers and site management personnel to communicate the level of compliance its lender requires in a courteous and professional manner that leaves no room for interpretation.

EDS’ distinctive Collateral Management programs and services reduce risk and bring our clients the safety, comfort, flexibility, and confidence to increase credit to existing customers and to seek out and book new business opportunities where others cannot.

How may we be of service to you?

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