OUR SPECIALTIES
WatefallCalc.com was designed to assist all servicers, small and large, in the burdensome task of complying with the increasingly cumbersome and complicated loss mitigation option qualification and calculation. The system is priced to allow small servicers access to all the features of our robust system, yet scalable to allow even the largest servicers the ability to manage huge volume in a cost effective and efficient manner. Servicers can use all or only some of the features offered.
Our goal is to provide a system that can manage the flow of loss mitigation from application to final claim, through the most secure platform available.
WaterfallCalc.com is known throughout the mortgage servicing industry for delivering quality software, rigorously tested in hundreds of scenarios to insure the highest level of accuracy in our industry, using our proprietary calculation algorithms.
Loss Mitigation Calculation
The WaterfallCalc.com software provides detailed analysis and calculation for all of these options:
FHA
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Special Forbearance
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HAMP - loan modification only, partial claim only or combination
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Formal Forbearance
Conventional - Proprietary
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Special Forbearance
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Repayment Plans
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Modifications
VA
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Special Forbearance
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Repayment Plans
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Modifications
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Streamlined Modification
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VAAM
GSE
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Repayment Plans
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FLEX Modifications
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Streamlined FLEX Modifications
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Deferrals
Rural Housing
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Special Forbearance
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Repayment/Forbearance Plans
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Regular Servicing Modifications
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Special Servicing Modifications
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Mortgage Recovery Advances
Escrow Analysis
WaterfallCalc.com’s escrow analysis calculator projects the potential escrow analysis based on whether the preferred loss mitigation option is a stand-alone modification, or if the insurer will be paying a partial claim which could include deposits to escrow that should be considered. The system will also calculate the effects of trial payments received prior to the effective date of the workout option.