Hatfield Philips - Servicing Solutions - Stand-By or Back-Up Servicing


		Full analysis of collateral securing the transaction – rent rolls, lease agreements, tenant covenant strength, property management terms, operating statements, etc.
		Monitoring of assets through property inspection
		Regular internal and external inspections of the collateral and environs
		Complete borrower-level analysis – financial statements, hedging, borrower business plans and performance against plan analysis
		Process Design – Setting timelines, agreeing details, ongoing review of loan and security agreements to ensure our processes and policies allow for compliance with borrower requirements
		Reporting – Accurate and timely reporting on both loans and collateral is part of our proactive management, ensuring that the debt is serviced with optimum efficiency Investor reporting is completed to CMSA current standard, or can be tailored to client requirements Compliance – Continuous review of borrower information for compliance with all loan and security agreements.
		For more information, contact: PS@hatfieldphilips.com

Stand-By Servicing
Providing replacement servicing when needed

Hatfield Philips provides a comprehensive Back-up Servicing solution to lenders and investors who are looking to manage their risk and provide reassurance to the market that their deals are robust and can survive whatever happens.

Stand By Servicers sit on the sidelines of a deal until an event trigger (such as a Ratings downgrade or Servicer insolvency) brings them in to replace the current Servicer. With Rating Agencies now explicitly factoring in to their ratings the ease with which replacement Servicers can be found this role is more important than ever.

HP’s Stand By Servicer role will provide comfort to investors and Rating Agencies alike that should a transfer event ever occur then Europe’s largest Servicer is ready to step in and ensure smooth running of the transaction. Hatfield Philips is a trusted partner, ensuring that our clients’ operational requirement are picked up and managed where others leave off. For each engagement we work with our clients to ensure we deliver the exact elements they need.

Back-up Servicing comes in a variety of flavours, ‘cold’, ‘warm’ and ‘hot’, all of which Hatfield Philips can deliver;

“Hot” Stand By Servicing
HP will hold and store monthly and quarterly loan level data, which will be held and actively managed on HP System in parallel with the Servicer.

“Warm” Stand By Servicing
HP will hold monthly and quarterly loan level data which will be stored on HP Systems and will be updated ‘live’.

“Cold” Back Up Servicing
HP will hold and store monthly loan level data on back up files but will not actively monitor loan performance


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