Loss Mitigation
National Collections & Loss Mitigation Services, LLC (NCLMS)
NCLMS is a licensed, insured and bonded debt collector in all 50 states. NCLMS is well established as a leading provider of default fulfillment, home retention and loss mitigation solutions including short sale, deed in lieu, deed for lease, and component servicing. These solutions are all designed to reduce foreclosure costs, provide borrowers with multiple foreclosure prevention alternatives and reduce the client's timeline for default resolution. NCLMS uses a patented single point of contact (SPOC) service delivery model capturing the highest value for our Customers in both residential and commercial loan portfolios.
Recent developments in the housing markets have made quick action with "At-Risk" borrowers essential to achieving effective and sustainable resolutions. As part of The National Groups, LLC suite of companies, NCLMS has access to industry leading affiliates and proprietary technology enabling swift outreach to borrowers and immediate implementation of comprehensive default resolution programs.
We're experts at keeping your borrowers productive.
At NCLMS, we've made a significant investment in understanding the foreclosure alternatives (for example, short sale programs, loan modification programs, deed-in-lieu programs) and how they impact the borrowers, the investors and the real estate industry. We have designed processes and established benchmarks that will ensure maximum returns for investors and allow the borrowers to successfully avoid the challenges, cost and negative impact of foreclosure.
Our Customer Contact Center is specifically designed to meet single point of contact (SPOC) requirements but is also flexible enough to handle solicitations and document procurement initiatives at scale. Whether through high touch outbound, effectively routed inbound, or alternative right party contact programs, we have a proven track record of reaching borrowers.
Our highly trained staff brings extensive industry experience and problem solving solutions to each new and existing opportunity so that retention opportunities are converted and liquidation alternatives are expedited with the highest return.
With offices in three locations spanning three time zones – Connecticut, Texas and California, NCLMS can successfully manage loss mitigation solutions for every size portfolio in every region of the country. Since 2007, NCLMS has been providing professional default services to the financial services industry.
Learn more about the federally sponsored "Home Affordable Modification Program" (HAMP) by clicking here.
