Special Assets Management

Key Stakeholders: Chief Credit Officer, Chief Risk Officer, Chief Financial Officer

Easily manage troubled loans and REO

Easily manage troubled loans and REO

In the ever-changing banking landscape, unexpected changes in special assets and REO demand robust management solutions. BankPoint's Special Assets solutions are designed to empower banks with the tools necessary to maintain stability and navigate the multitude of challenges that arise, including:

Interest Rate Uncertainty

Remote Work Trends

Global Economic Uncertainty

BankPoint has the solutions and experience to help banks manage special assets from evolving economic conditions and unexpected situations. Our system offers the flexibility and power needed to navigate any economic landscape, ensuring your institution can adapt and thrive through changing times.

Simplify Complex Processes with Confidence

Streamlined Management

Navigate the complexities of special assets and REO management with a comprehensive suite of tools designed for efficiency and compliance. From impaired loan handling to REO asset oversight, BankPoint allows you to manage your special assets portfolio with confidence.

Compliance and Control

BankPoint ensures that every credit action, asset impairment, and REO management process adheres to your policies, reducing risk and enhancing your institution's integrity.

Strategic Decision Support

Make informed decisions with analytics and reporting. BankPoint tracks asset performance, risk exposure, REO accounting, enabling strategic asset management and faster REO disposition.
Simplify Complex Processes with Confidence
Empower Your Team with Advanced Tools

Empower Your Team with Advanced Tools

Automated Workflows

Eliminate manual processes with rule-based workflows tailored to your bank's policies, improving accuracy and saving time. From credit approvals to REO case management, automate your way to operational excellence.

Comprehensive Asset Insight

Gain a 360-degree view of every asset. Our systems provide detailed tracking and analysis, from loan performance to REO asset valuation, ensuring you have the information you need to manage effectively.

Effortless Integration and Scalability

Seamlessly integrate with existing systems, ensuring a unified approach to managing special assets and REO portfolios, regardless of size. Our solutions grow with your needs, ensuring long-term scalability and flexibility.

Manage Special Assets Proactively

Proactive Risk Management

Stay ahead of potential issues with custom watchlists, impairment testing, and valuation reviews. Our proactive tools help identify risks early, allowing for timely interventions and strategic planning.

Compliance and Control

Maximize recoveries with streamlined REO management, from asset marketing to sale. Our platform supports efficient case management, expense tracking, and bid/offer management, enhancing the potential for favorable outcomes.

Collaborative Environment

Foster a collaborative work environment with centralized information storage, including notes, documents, and photos, ensuring your team has easy access to essential data for each case.
Manage Special Assets Proactively

Frequently Asked Questions

What is Special Assets Management?

Special Assets Management is a set of tools for managing troubled loans and REO, including impaired loan handling and REO asset oversight. It also provides analytics and reporting to track asset performance, risk exposure, and REO accounting.

What's included in the workflow automation for special assets and REO work?

The rule-based workflows are tailored to your bank's policies to reduce manual work and improve accuracy. You can automate processes from credit approvals to REO case management to streamline special assets operations end-to-end.

How does BankPoint support compliance and control for REO?

The BankPoint Special Assets module supports compliance by using rule-based workflows tailored to your institution's policies. This ensures that credit actions, impairment reviews, and REO management follow a consistent process. This reduces risk and improves oversight while also making case activity and documentation easier to track within a single system.

How does Special Assets Management help teams work more proactively?

Proactive tools such as custom watchlists, impairment testing, and valuation reviews identify risks early and support timely interventions and planning. Analytics and reporting capabilities can track performance and exposure, helping teams stay ahead of portfolio issues.

How does the BankPoint platform support collaboration and documentation?

BankPoint is a collaborative environment built on centralized information storage. Teams can store notes, documents, and photos for quick access to essential case information in one place. This keeps everyone aligned by making it easy to see current status, history, and related documentation for each Special Assets or REO case.

Ready for a Demo?

Request a demo

Have questions? Need more information?
Bankpoint logo
BankPoint is a world-class software provider. BankPoint is based in McKinney Texas and is privately funded. BankPoint is passionate about providing an amazing user experience for our customers. We believe software should be intuitive, beautiful, and simple. We believe every software company should provide fanatical support, and that every customer should feel like the most important customer. These beliefs are part of our DNA, and drive everything we do.
Platform
Commercial Lending Credit Administration Loan Portfolio Management Document Management Loan Review Special Assets Management
Quick Links
Customers Integrations Resources About Schedule Demo Support Privacy Policy
Contact
855.459.0043 Email Sales Email General Inquiries 5900 S. Lake Forest Dr.
Suite 300
McKinney, TX 75070