PORTFOLIO MANAGEMENT

Turn-key solutions for all credit tiers

The key to Center Street's success stems from three critical components to our services:

Upfront diligence

Center Street reviews 100% of each and every loan pool we purchase for our clients. We adhere to the strictest standards to minimize any potential compliance issues, debtor disputes and other “friction costs.” We have developed internal forecasting models to predict a number of factors, such as effectiveness of deferments, collector effectiveness, re-marketing effectiveness, collateral depreciation, prepayment rates, loss frequency and timing curves, delinquency migration, and specific call campaigns or collection strategy changes tailored to each portfolio

Loan servicing

Center Street provides portfolio management services on migration to third-party/backup servicers providing oversight on the initial transition and covering all potential boarding issues, daily and monthly oversight of servicers, setting strategy specifically tailored to each portfolio, state and federal compliance, as well as auditing and monitoring of collection practices, procedures, and policies

In-depth reporting

Custom reporting can be created to fit any client needs, such as daily/monthly management and operational reports. Our systems interface with most of the widely used loan servicing systems in the industry. Center Street produces highly detailed monthly surveillance and analysis reports for our clients.

"Whether you are just purchasing a portfolio or already have one on your balance sheet, Center Street can manage your portfolio to ensure performance is within expectations and provide early warning if adverse trends are identified." - Matt Burke, President and CEO

In its portfolio management capacity, Center Street:

Sources portfolios from third party originators
Prices and negotiates the purchase of such assets
Performs all collateral diligence - including reviewing 100% of all contract files and recalculating all loan attributes and amortizations
Transfers servicing to a Center Street managed platform
Manages the complete servicing of the assets
Identifies trends and introduces strategies to counter negative trends

If you're serious about success, put us to work for you.

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