Lake Forest, Calif. — In an effort to meet the growing demands of the servicing industry, National Creditors Connection, Inc. (NCCI) has developed a nationwide Property Inspection/Occupancy Verification service to provide servicers with a snapshot of the property condition and occupancy of a loan in foreclosure. This service accommodates industry standard requirements set forth by the GSEs.
”Our goal is to provide greater intelligence on the overall property condition and occupancy status,” said Lance Perry, director, loss mitigation. “This information will help servicers determine the best resolution for the troubled loan,” he continued.
The Property Inspection/Occupancy Verification Service examines issues including:
- who lives in the property
- general condition
- exterior condition
- visible repairs
- vandalism
NCCI also offers a customizable result form and certifies all results through descriptions or 3rd party discussions.
About NCCI
NCCI provides field contact, loss mitigation and onsite inspection services to financial institutions nationwide. Clients receive a seamless management service, utilizing a variety of tools and resources designed to increase customer contact, motivating them toward account resolution. In addition to a national network of trained field representatives, clients have access to an extensive variety of updates, status reports and secure assigning via a secure web portal. For more information, call (800) 300-0743 or visit www.nationalcreditors.com.