In the current environment, requesting assistance from industry experts allows for risks to be mitigated through the use of focused professionals who are adept at isolating issues, benchmarking practices and developing innovative solutions to complex business problems.
The Consumer Finance Group comprises over nearly 100 professionals across the country dedicated to solving complex business problems for clients in the consumer finance sector. Our focus is on mortgage banking and other forms of consumer credit which means we are at the forefront of the industry working with our clients to anticipate, understand and resolve emerging issues. Our group’s collective knowledge is invaluable at a time when profits are under pressure, monitoring of risks is more difficult and gaining an edge over the competition is more challenging than ever. In response to these and other challenges, we can assist our clients in thefollowing ways:
- Risk-based process diagnostics and bencharking (e.g. default, collections, REO)
- Due diligence and post-merger integration assistance
- TDR accounting and loan modification process analysis and support
- Development of loan accounting, finance effectiveness and economics solutions
- Servicing profitability and cash management strategies
- Model validation
- Loan price optimization strategies
- Customer and household segmentation strategies
- Assisting with strategies surrounding increasing customer retention, improving cross-sell opportunities and understanding customer values
- Technical accounting assistance
- Providing change management strategies for effective downsizing
Our clients consistently turn to us for help resolving complex business issues in areas such as: Loan production, servicing, capital markets, risk management, finance and accounting. Our detailed subject matter knowledge and regular communication with industry leaders allows us to remain focused on enhancing the core competencies of our clients.
