Mortgage Deficiency Recovery
Foreclosed loan collections in recourse states:
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1st Mortgages
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2nd Mortgages
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HELOCS
Mortgage Recovery
Choose Vital Recovery Services (“VRS”) to augment your Charged-off Mortgage Recovery Department and increase revenues. VRS increases cash flow by collecting on secured and unsecured charged-off mortgage accounts including HELOCs, 2nd liens, 1st liens, deficiency balances, deficiency notes and other mortgage related instruments.
Currently providing stellar services on portfolios from 1 of the nation’s top 3 largest mortgage servicers, VRS is the recognized leader in recovery outsourcing in the Mortgage Industry. Our professional and experienced staff successfully provides top tier service on any production need. VRS’ goal is to improve your profitability through efficient, customized recovery efforts.
Our skip tracing is second to none which makes connecting with your customers one of our best talents. We utilize the latest technology and highly trained representatives to locate previously “unreachable” customers. The result is improved effectiveness of automated letters and increased Right Party Contacts (“RPC”). This strategy combined with “first-call resolution” is our core competency to increasing your bottom line.
Contact us at (678) 578-1020 to speak with a Sales Executive to personally discuss how VRS can positively impact your recovery efforts and profitability.
VRS/Attorney Comparison
VRS
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Proactive collection approach
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Dedicated industry collectors
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Contingency based success fee
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Skip-tracing, if needed, costs nothing
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Multiple payment options available
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Daily account attention means better results
Attorney
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Reactive collection approach
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Various collection representatives
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Fixed fee, upfront payment demanded
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Charges additional fees for skip-tracing
Home Owners Associations
Need help collecting delinquent membership fees and dues? Let Vital Recovery Services (“VRS”) be your off-site collections partner. We will save you money and remove the administrative hassle of the collection process.
Best of all, we work on a contingency basis: unlike attorneys who require payment upfront, we only get paid when you get paid (other than the cost of the lien recording fee)!
VRS has a staff of collection professionals who have partnered with major consumer financing companies throughout the country who place great emphasis on customer care and public image. We understand the people turned over for collections are members of your community, and we will work carefully to bring about resolution in a win-win solution that will please all parties involved.
Rent Recovery
Choose Vital Recovery Services’ (“VRS”) to serve as your Rent Recovery Department. Servicing multi-family and apartment complexes nationwide, VRS is the recognized leader in recovery outsourcing in the United States. Our professional staff successfully provides top tier service on any production need from primary through warehouse streams of business. VRS’ goal is to improve your profitability through efficient, customized recovery efforts.
Our skip tracing is second to none which makes connecting with your customers one of our best talents. We utilize the latest technology and highly trained representatives to locate previously “unreachable” customers. The result is improved effectiveness of automated letters and increased Right Party Contacts (“RPC”). This strategy combined with “first-call resolution” is our core competency to increasing your bottom line.
Contact us at (678) 578-1020 to speak with a Sales Executive to personally discuss how VRS can positively impact your recovery efforts and profitability.