Special Assets Management
Key Stakeholders: Chief Credit Officer, Chief Risk Officer, Chief Financial Officer
Easily manage trouble 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: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.
Interest Rate Uncertainty
Remote Work Trends
Global Economic Uncertainty
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.
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.
