
How BRS Benefits Lending Institutions
As lending standards continue to tighten, edging many potential homebuyers out of the marketplace, homebuilders are increasingly left "holding the bag." They spend years painstakingly planning and building projects only to find that the well of new homebuyers seems to have run dry...at least for now. The result? Foreclosure.
This scenario is not unique, and it begs the question–how is a builder’s lending institution going to deal with the many issues that accompany foreclosing on a project? The answer–it doesn’t have to. Building Resolution Services can take on this burden.
BRS provides coverage for a project’s long-term liability and a comprehensive customer care infrastructure to handle:
- Customer Complaints 24/7
- Management of Right-to-Repair Claims
- Management of Claims Within a Self-Insured Retention
- Litigation Management
- Document Retention
- ...And much more
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