Did you know that the average loss per foreclosure runs upward of US$60,000 and workouts take an average of 180 days? Do you have the staff and expertise to handle default situations before they mushroom into larger losses? Is your loss mitigation department prepared to handle the growing number of projected foreclosures that may be on your books? Need help? Contact ISGN.

onDemand Default Management Services by ISGN allow lenders like you to send your loans already in default to our Loss Mitigation Resolution Center (LMRC) where we will take a consultative approach with your borrowers to perform workout options. For those loans nearing default status, we contact borrowers upon day 31 of delinquency to maximize the resolution potential. Using our tried-and-true best practices, we offer a non-threatening, proactive approach with your borrower community to get the payments flowing in once again and keep families in their homes. With well over 100 years of experience in the default industry, our expert loss mitigation counselors have a track record of restoring cash flow to 85% of all defaulted accounts before they reach foreclosure – industry averages range around 30-40%.

The benefits of onDemand Default Management Services by ISGN include:
	Quantifiable cost savings on current foreclosure losses
	Proactively prevent further loans from falling into foreclosure/REO status
	Return defaulted loans back to good standing
	Significantly higher customer retentions rate over time
	Prove to regulators that you book is in order