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Collections & Default Loan Servicing Solutions

Our Default servicing is forever evolving and adapting with current market conditions. We cover all aspects of Residential and Consumer collections as well as component based to meet your institution’s needs. At Coastal, we pride ourselves in working through your delinquency needs with a great deal of professionalism and a results-oriented approach.

 

With our proprietary software, Coastal Collections Solution, and the expertise of our agents, we work with your customers/members to minimize losses for your institution. Collector has a robust reporting suite allowing you access to standard or ad hoc reporting with the click of your mouse.

Residential

  • Loss Mitigation / Asset Preservation

  • Loan Modifications

  • Short Sale

  • Deed in Lieu of Foreclosure

  • Foreclosure Management

  • Bankruptcy Management

  • REO Management

Consumer

  • Skip / Damage Claim Processing

  • Repossession Management

  • VSI Servicing

  • Total Loss Claim Processing

    • Letter of Guarantee

    • Reimbursable Item Recapture

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