Bringing Experience, Technology and Expertise to HEI Servicing
What company do leading HEI originators, investors and warehouse providers turn to for asset management expertise? BSI Financial provides backup servicing and asset management services to the leading HEI originators/investors with a portfolio of 18,000 contracts with an aggregate UPB of approximately $2.0 billion in Home Equity Investment contract value.
Our proprietary tech stack sets us apart from other servicers. Libretto automates daily file quality control by reducing processing errors and trapping issues before they create customer problems. BSI ASSET360 offers lenders and investors visibility into asset status and performance with daily updates. Together they inspire consumer and investor confidence, fostering credibility in a market destined to grow.
Through our support of the HEI market, we are further delivering on our mission of enabling sustainable home ownership. Our strong financial and technical foundation augurs well for the health and future growth of the housing finance market through innovative solutions, like HEI.
We are positioned to help our clients succeed
- Rated by Fitch, S&P, DBRS and KBRA.
- Backup asset manager and administrator for several rated HEI securitizations with a combined UPB of approximately $2 billion
- Risk Management - Oversight of third-party vendors, monitoring agreement status, tax, and insurance monitoring, tracking funds accurately, and 1099 reporting, among other items.
- Homeowner Care - Main point of contact for ongoing homeowner interaction.
- Settlement Events - Maximizing return for the investor when administering settlement events.
- Data Control and Quality - Ensure all data relating to an HEI are properly maintained in the system of record. Reflecting status changes timely and accurately in the system of record. Ensure proper document control.
- Boarding - Creation of boarding files, data validation, and pre-board testing for new clients.
- HEI Contract Tracking - Monitoring of Agreement expirations.
- Investor Reporting - Capture required data requirements, create reporting schedules based on agreement requirements, and provide investor reports in a timely manner.
- Digital servicing platform optimized for Home Equity Investment products.
You can count on BSI Financial Services for HEI asset management and servicing. We've proven that we're here to stay. Contact Allen Price or Cindy Silva, or complete the form below to receive more information.
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