Servicers and lenders need a "wingman". The role of the wingman dates back to the earliest days of air combat, when harsh realities taught pilots the dangers of flying alone through hostile airspace.

Today's mortgage industry is no less hostile, with lenders finding themselves tackling defaults that are only made worse by eroding real estate values. Sheer volume of incidents has stressed lenders, servicers and other stakeholders to the point where they will deploy resources mainly to "high value" loans, those in which there is the greatest possibility of financial recovery, leaving the rest to foreclose.

This is where Wingspan Portfolio Advisors comes in, serving as the lender's wingman. We take charge of those low value loans, and by blending technology with methods we have pioneered, we turn them into re-performing assets. We apply a proprietary borrower-focused servicing methodology aimed not only at mitigating losses, but at actually helping borrowers re-achieve full payment status, thereby empowering lenders to recover value in loans that were deemed to be unavoidably headed to foreclosure.

The company can uncover hidden opportunities for lenders:

Portfolios from servicers with collateral-focused late stage workout processes will benefit from Wingspan's re-performance-focused workflow

Portfolios from servicers with strict NPV-based workout approval criteria will benefit from Wingspan's Behavioral Outcome Decisioning

Portfolios from servicers that overlook second lien workout opportunities will benefit from Wingspan's specialized recovery processes