- About Us
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In its special and component servicing role, Wingspan generally is paid based on results achieved in restoring value to loans and portfolios. Compensation and incentive arrangements are worked out in advance, bringing clarity to servicers and investor expectations.
Other services are arranged by contract rather than set fees, as all needs are different. Wingspan’s rapid growth eloquently points out the financial advantages found by clients in selecting Wingspan.
Borrowers are never charged for Wingspan’s services.
Wingspan’s mission is to find ways to return nonperforming loans to reperforming status, and ultimately return them to the traditional servicing pool. Wingspan’s compensation and incentives are fully aligned with its mission, and the company is complementary to primary servicers ― not a competitor.
Wingspan offers a broad range of services to all stakeholders in the mortgage value chain, with full and complete transparency available as their interests require. The company has invested in state-of-the-art technology so that its clients do not have to, and delivers value in every aspect of its offerings.
No other provider can offer greater levels of professionalism and expertise, nor bring more advanced methods and successful results to clients.
Success rates are often stated in ways that favor the company stating them. As simply expressed as possible, Wingspan has experienced a 80% rate of success in arranging loan workouts that have lasted for a year or longer in its portfolio.
Wingspan Portfolio Advisors has extensive experience and capabilities in the area of File Review, Quality Control Management, Compliance Audits, and Database Development. Since 2008, Wingspan has worked on behalf of Mortgage Insurers to provide Servicer Oversight and File Review for their Client Servicers. Over this timeframe Wingspan has engaged directly and indirectly with over 60 servicers to review their servicing operations through onsite and offsite review of individual loan files and servicing histories. Complementing this experience is Wingspan’s Enhanced Borrower Outreach and Loan Packaging experience where we have worked directly with servicers, investors, and mortgage insurers to provide borrower outreach and loan modification packaging services.