DCM’s asset managers are highly proficient in synthesizing and analyzing the pertinent information which will determine the financial potential of each loan within a pool. This detailed approach includes reviewing collateral, property values, location, condition, marketability, occupancy status, unpaid taxes and insurance, loan-to-value, loan size, payment and servicing history, borrower capacity to pay, bankruptcy and foreclosure status, as well as the federal, state and local laws which impact the timing and ability to foreclose.
DCM’s strategic partnership with its sister company, BP Fisher Law Group, LLP (Previously BP Law Group, LLP & The Fisher Law Group, PLLC) enables a streamlined and efficient process to move assets through the foreclosure process, while remaining compliant with all applicable laws. Each file is reviewed weekly by a dedicated asset manager, with any delays in file movement or significant status changes relative to strategic plan assessed with appropriate senior managers. Timelines and valuations are re-evaluated and re-cast regularly to ensure investment milestones are achieved.
$30 billion +
In NPLs sold in first half of 2014