Default Resolution

Stop Foreclosures & Keep More Assets Performing

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The Problem

Helping homeowners in times of distress requires Servicers to gather multiple data points and documents to meet investor guidelines. Burdened by slow mail and phone-based systems, homeowners miss deadlines and potentially lose their homes.

As demand surges, the more pressure Servicers and homeowners are put under.

The Solution

Brace's end-to-end digital solution guides homeowners and Servicers through a fully customized online experience, that helps them complete and manage their loss mitigation options. Providing faster relief for all parties, and enabling faster scaling under pressure.

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Support Higher Volume

Let homeowners self serve with an end-to-end digital solution.

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Reach More Homeowners

Support people on their schedule in a way they’re most comfortable.

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Reduce Turnaround Times

Empower confident decisions with better, faster access to the right information.

How Brace Injects Efficiency

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Homeowner completes a simple digital questionnaire, providing information relevant to their specific situation and supplying supporting documentation.

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Servicer reviews the homeowners' submitted information, requesting any additional documentation needed for decisioning.

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Brace’s proprietary decisioning engine provides a recommendation fully customized to the servicer’s priorities, investors' guidelines, and regulatory considerations.

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The resulting recommendation is then reviewed and delivered back to the homeowner for actioning.

The Turnaround Effect: Pivoting to Provide Digital Default Resolution Solutions During a Crisis

How Flagstar Bank responded to their customer's needs for a fast user-friendly default resolution process.

 

Empower Your Homeowners

Let your customers interact with you on their schedule 24/7/365 without the paper, through a fully white-labeled and integrated portal. Smart integrations support homeowners as they navigate, reducing the need for additional follow-up:

  • FEMA data identifies homes in disaster affected areas
  • Bank and paystub data provide digital asset reports
  • Secure eSignature process supports 1 or many borrowers

Tell Me More
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Supercharge Your Operations

Stop mailing, scanning, or receiving 10 separate documents to stare and compare. Brace delivers all your homeowner's information along with integrated third-party information like credit reports, together in a single document. Increasing your data accuracy and ability to meet RESPA guidelines for responsive compliance.

Impress Your Investors

Support GSE and custom investor requirements through configurable waterfalls and intelligent integration enabling consistent, equitable decisioning.

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Pricing That Provides Budget Predictability

Just like with our product, our pricing provides the transparency you need to efficiently manage your operations. No hidden costs or fees, just a simple all-inclusive price.

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