Non-Performing Loan Servicing includes

Late Notices	Our state-of-the-art software calculates and sends late notices to all delinquent borrowers and bills them for late charges. All late charge notices sent are automatically added to the communications log file.
Breach Letters for Notice of Intent to Foreclose	All breach letters required by law will be provided to borrowers to notify them of their last chance to reinstate their loans prior to commencement of foreclosure.
Past Due Collection Letters for all delinquent accounts applicable	All collection letters and notifications will be sent to the borrowers notifying them of the delinquencies on their loans and stating what options are available to them.
Foreclosure Notices (Notice of Default and Notice of Sale)	All Notices of Default and Notices of Sale will be processed and all borrowers will be served/notified in compliance with state laws and legal requirements.
Borrower Contact Calls	We maintain constant communication with your borrower, providing payment reminder calls one day after the borrower's payment grace period, as well as providing loss mitigation options and working towards a beneficial solution to keep your investment current.
Outgoing Collection Calls	Our experienced staff has been trained in the skillful art of the collection call to ensure that every effort is made to protect your investment.
Loss Mitigation Services	We offer homeowners a complete option of Loss Mitigation alternatives from Repayment/Forbearance agreements to Loan Modifications, Short Sales and Deed in Lieu, based on investor guidelines and delegated authority.
Loan Modifications	Subject to your approval, we will negotiate with your borrow to fold any past-due amounts, including interest and escrow, into the unpaid principal balance.
Forbearance Agreements	BLC Servicing will work towards an agreement with the borrower for a payment plan that will cure this delinquency.
Property Valuation Analysis	In this rapidly changing real estate market, it is essential that you are kept well-informed as to the current market value of your investments.
Short-Pay Negotiations	Subject to your approval, we will negotiate with your borrower on your behalf to accept less than the amount owed on the outstanding loan balance, with the appropriate documentation being completed.
Bankruptcy Relief	BLC Staff members are trained to work effectively with bankruptcy attorneys to ensure that timely payments are made to you while the borrower is in bankruptcy.
Legal	In the event that legal assistance becomes necessary, we can retain experienced legal counsel to represent you.
Foreclosure Processing	Our foreclosure service processes all sizes and types of foreclosures. We have an excellent reputation for processing foreclosures efficiently and professionally. We understand that time equals money; therefore, all foreclosures are started immediately unless directed otherwise by our client.
Short-Sale Coordination	At your approval, we will work with both the buyer and seller to meet specific lender requirements pertaining to the short sale as well an insuring that the transaction is an arm’s length transactions to protect your interest.
Property Preservation and Securing	Through our network, we provide the breadth of services needed to maintain properties in the desired condition for a quick resale.
Evictions	Through our network, we provide eviction services or depending on the laws of the jurisdiction, may also be known as an unlawful detainer, summary possession, summary dispossess, forcible detainer, ejectment or repossession.
REO Property Management	If selling the property is not the immediate solution, we provide property management services to quickly identify potential renters to avoid any unnecessary revenue loss.
REO Property Sale	If selling the property is the best solution, we provide sales services through our network to ensure that you have the needed local coverage to expedite the sale.