Services

Ensuring the Protection of Collateral Assets & Investments

The lending industry can be very complex. In this ever-changing market the risks are constantly shifting, creating different requirements for financial institutions. Our highly trained, experienced staff review the safeguarding of insurable interest, ensuring the protection of collateral assets and investments.

A Strategic 360° Set of Reviews to Identify Risks and Protect Lender Insurable Interests

We strategize to create solutions for a successful closing, offering industry-specific risk advisory and analysis wherever applicable. We are proficient in ensuring that borrowers follow all lender insurance requirements. Our thorough reviews are not limited to just certificate and policy reviews, but also include compliance with the lender’s requirements, and do so in conjunction with reviewing supporting documents, such as appraisals, engineering reports, zoning reports, property condition reports, environmental reports, flood determinations, seismic reports, reps and warranties and any other documentation needed to verify and identify the risks and protect the lender’s insurable interest pre/post-closing.

Full Transparency into Our Process from Start to Finish

We will work closely with our clients the entire process, from the initial engagement through closing. Whether it be a securitization or syndication, we will be sure that all parties involved have a clear understanding with our process and all stages of our review. Never miss a deadline or fail to collect the required documents again. Select from our comprehensive services below and let us help protect your portfolios and your relationships you have worked so hard to build.

CMBS/CONDUIT LOAN REVIEW AND UNDERWRITING

Tailored services and recommendations based on the lender’s requirements and Representations and Warranties, if applicable, and Third-Party Reports. We understand the detail in these types of loans and the securitization process.

SINGLE-ASSET, SINGLE BORROWER (SASB) REVIEW AND UNDERWRITING

We understand how these transactions involve the securitization of a single loan and we will navigate all Third-Party reports, Representations and Warranties, Lender requirements, etc., to make sure this large transaction will close smoothly from an insurance perspective, protecting the interest of the lender.

BALANCE SHEET REVIEW AND UNDERWRITING

Tailored services and recommendations based on the lender’s requirements and Representations and Warranties, if applicable, and Third-Party Reports.

AGENCY REVIEW AND UNDERWRITING (FANNIE, FREDDIE AND FHA)

We are familiar with the nuances and intricacies of meeting the various Agency insurance requirements. We have forged deep relationships within these GSE’s , and have the institutional knowledge to get your loans and waivers processed and accepted on a timely basis.

TRIPLE NET LEASE/GROUND LEASE REVIEWS

We are aware how cumbersome these deals can be. We thoroughly review lease agreements, loan agreements and mitigate gaps in coverages to protect the lender’s interest from an insurance perspective. We work closely with the tenant’s and borrower’s brokers to make sure adequate insurance is in place.

PORTFOLIO REVIEWS (ACQUISITION AND REFINANCE)

Prior to your next portfolio audit from an Agency or Senior Management, Fortress can perform an audit of your loans to assure compliance with all insurance requirements.

CONSTRUCTION RISKS

We are proficient in reviewing transactions involving ground up construction, construction in process, renovations and improvements or occupied renovations. We review construction budgets, General Contractor contracts and make sure all lender requirements are met.

TRANSACTIONS INVOLVING MEZZANINE LENDERS AND CO-LENDERS

We review Mezzanine Lenders and Co-lenders requirements and make sure all of the lender’s requirements are being met in our insurance review for a successful closing.

PRE-RENEWAL RISK ASSESSMENTS

At every renewal we revisit all insurance coverage on passed deals and make sure the renewals are based on the same terms, conditions and limits approved initially at closing.