Default Management

The Quandis Default Management (QDM) application provides for the management of defaulted loan processes, including collections, loan modifications, short sales, deeds in lieu, foreclosure, bankruptcy, and REO.

Features include:

  • Seamless integration with major servicing platforms, including MSP and MortgageServ
  • Incredibly flexible workflow platform which allows for on demand changes
  • Document generation and imaging
  • Custom rules for driving worklist assignments and escalation
  • Order and manage default services including
    • Bankruptcy
    • Credit
    • SCRA
    • Valuations
  • Access to a Quandis certified network of companies including
    • Attorneys
    • Trustees
    • Valuation Providers

QDM Pricing:

Lender / Servicer

  • Setup Fee:  $40,000
  • Per File Fee on Non-GSE Loans:  $0.00
  • Per File Fee on GSE Loans: $20.00

Law Firm

  • Setup Fee:  $195.00
  • Per File Fee on Non-GSE Loans:  $40.00
  • Per File Fee on GSE Loans:  $0.00

*The definition of a “File” is a billable process by the law firm (i.e. Foreclosure, Bankruptcy, Eviction, etc.)