Newmark Loan Servicing and Asset Management - Flipbook - Page 5
Activities
Newmark is a leader in loan servicing and asset management.
Primary Servicing
Limited Servicing
Special Servicing
Responsible party for directly
managing the day-to-day servicing of a
mortgage loan.
Specializes in servicing of commercial
mortgage loans that have been
securitized into CMBS. They are
responsible for a subset of servicing
duties, focusing primarily on the
day-to-day administration of the loan.
Plays a critical role in the management
of commercial and residential
mortgage loans, particularly focusing
on those that are in default or at a
high risk of default.
Key functions:
Key functions:
Key functions:
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Payment Collection
Customer Service
Escrow Management
Delinquency Management
Reporting
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Payment Collection
Schedule Property Inspections
Escrow Management for Taxes
and Insurance
Monthly Statement Distribution
to Borrowers
Managing Defaulted Loans
Loan Restructuring
Foreclosure Proceedings
Property Management
Disposition of Assets
Duties performed:
P R I M A RY
37%
SPECIAL
1%
LIMITED
62%
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Cash collections and disbursements
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Escrow and reserve administration
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Investor reporting and remitting
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Financial statement analysis
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Physical property inspections
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Lender consent requests
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Loan and property surveillance
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Workouts
N E W M A R K C A P I TA L M A R K E T S
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