Streamline Loss Mitigation with WaterfallCalc

Let’s make your work a breeze

Streamline your workflow with ease. Run complex loss mitigation calculations and say goodbye to manual spreadsheets.

We've got your needs covered.

All Loss Mit Options

Swiftly evaluate all your loss mitigation alternatives, from loan modifications to special forbearances.

All Loan Types

Get immediate, compliant loss mitigation results for every loan type, from FHA to Fannie Mae, VA, USDA and more.

Affordable Pricing

We offer per loan pricing, which makes it accessible to smaller servicers while giving larger organizations cost-effective scalability.

Efficient Compliance

Flawlessly navigate requirements and ensure precise, efficient, and fully compliant processes.

Simplify Your Default Servicing Operations

Join dozens of servicers who are already streamlining their loss mitigation processes.

Efficiency & Precision
Efficiency & Precision

Blend calculations right into your borrower’s loan modification documents. Our escrow analysis tool accurately computes future payments based on the chosen workout option.

Seamless Integrations
Seamless Integrations

Boost your workflow efficiency with our seamless integration to Fannie Mae’s SMDU, Freddie Mac’s Resolve and one of our title or document partners.

WaterfallCalc+
WaterfallCalc+

Our cloud-based system provides a secure tool for borrowers to apply for loss mitigation. It ensures easy, transparent communication and quick document retrieval for audits.

Unmatched Support
Unmatched Support

Our responsive customer service team is always ready to assist you when you need it most.

Connect better with borrowers
with WaterfallCalc+

Make it simple for borrowers to apply for aid and share documents with you. Receive real-time updates, provide timely support, and customize our cloud-based portal to echo your brand.

Praise from our Clients

Michael Fobert

SR Loss Mitigation Underwriter
Cascade Financial Services

“We are a small servicing shop of FHA and GNMA loans. We have used WaterfallCalc since 2015 with great results.  The average handling time along with partial claim error rate has decreased significantly. WaterfallCalc was very helpful with COVID and help tremendously on compliance when there were daily changes. The support team is great, and they are very quick on the updates, allows you to have peace of mind through the rapid and constant changes.”

Michael Brown

CEO
PQR Mortgage Solutions

“WaterfallCalc+ has transformed our borrower communication, making application process transparent and efficient.”

Julee Anderson

Asset Recovery Specialist
First Federal Savings Bank

“I have been using WaterfallCalc since I started working at my bank in 2013.  The bank has had WaterfallCalc since the beginning of doing FHA mortgages in 2009.  I highly recommend this service for all your investor needs.  The staff is fully knowledgeable of all aspects of their system and is always available to answer any questions you might have.  They are up to date on all changes that those investors like to make and their system is always ready with their new changes by the date required.”

Michael Fobert

SR Loss Mitigation Underwriter
Cascade Financial Services

“We are a small servicing shop of FHA and GNMA loans. We have used WaterfallCalc since 2015 with great results.  The average handling time along with partial claim error rate has decreased significantly. WaterfallCalc was very helpful with COVID and help tremendously on compliance when there were daily changes. The support team is great, and they are very quick on the updates, allows you to have peace of mind through the rapid and constant changes.”

Julee Anderson

Asset Recovery Specialist
First Federal Savings Bank

“I have been using WaterfallCalc since I started working at my bank in 2013.  The bank has had WaterfallCalc since the beginning of doing FHA mortgages in 2009.  I highly recommend this service for all your investor needs.  The staff is fully knowledgeable of all aspects of their system and is always available to answer any questions you might have.  They are up to date on all changes that those investors like to make and their system is always ready with their new changes by the date required.”

Latest News

Implementation of ML 2023-11 for Enhanced Loss Mitigation Evaluation

The following changes were laid out in ML 2023-11 and were implemented through an update to WaterfallCalc on July 11, 2023. Per ML 2023-11, Non-Borrowers who have acquired Title Through Exempted Transfer should be considered for a Home Affordable Modification Program (FHA-HAMP). There will be a new box on the first page of the FHA module with the description, “Title: Exempted Transfer”. When this box …

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Important Update: Revised Borrower Support Options for Section 184 & 184A – HUD’s Dear Lender Letter 2023-04

To All WaterfallCalc Users, HUD has revised their borrower support options under the Dear Lender Letter 2023-04 for Section 184 & 184A, here are the crucial changes: Borrowers 90 days or more delinquent must be reviewed for the COVID-19 Loss Mitigation Options, no matter the reason for default until October 30, 2024. Loss Mitigation Advance now allows up to 30 …

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Important Announcement To WaterfallCalc Users: Introducing Propel – Our New Document System

In May 2023, DLS WaterfallCalc transitioned to a new document system, Propel, to enhance your user experience. Key Highlights to note: Variations in document appearance: With the introduction of Propel, you may notice slight variations in the font, formatting, and overall appearance of your documents. Rest assured; these changes are intended to enhance the overall user experience. You will also …

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Ready to ditch
the spreadsheets?

Contact Us Today!