COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) & SHARED SERVICING
When you work with Berkadia, you work with a leader. And
no matter what type of servicing you need, our team of
professionals has the knowledge and resources to help.
CMBS
As a master servicer, Berkadia assumes ultimate responsibility for the
servicing and administration of all mortgage loans contained in a
mortgage-backed securitization. We also handle all cash management functions as
required by the particular pooling and servicing agreements.
Berkadia is responsible for making accurate and timely remittances to our
clients or trustees and distributing periodic reports to the trustee and rating
agencies. We ensure diligent loan payment collection and oversight of each
primary or sub-servicer and provide P&I and servicing advances for CMBS.
As a primary servicer, Berkadia is responsible for cash management, escrow
administration, financial statement analysis, property inspections, loan
administration, surveillance and underwriting. We also provide portfolio,
transaction and loan-level reporting to keep you on track.
Shared Servicing
In shared servicing, Berkadia is a leading commercial loan Fee-For-Services provider. Our mission is to provide the highest-quality and most efficient third-party loan servicing to institutional lenders by employing dedicated, experienced real estate professionals who are supported by the latest systems and technology.
As a Berkadia client, you can outsource all your commercial loan servicing needs
or select specific services to be performed either in your name or in Berkadia’s. Under the private label option, commercial mortgage
servicing functions, websites and communications are performed in the lender’s
name.
Clients consistently benefit from our servicing solutions because they are
able to capitalize on our management experience, technology and economies of
scale. Berkadia also offers a cost-efficient alternative to maintaining a
proprietary servicing platform for institutional lenders who can leverage our
management experience, expertise and technology.
For these services we offer the following benefits:
- SSAE-16-compliant workflow processes and controls
- Property surveillance/discounted cash flow models
- Internet access to loan and property information
- Secure data in a SysTrust-certified systems environment
- USAP
For Servicing inquiries, please contact us.