Optimized Mortgage
Servicing
compliance, training and
technology at your fingertips

Optimized Mortgage
Servicing
compliance, training and
technology at your fingertips
AT A GLANCE
Loss Mitigation Assistance
From loss mitigation evaluations to income calculation and validation, reason for default testing and administrative support services, we provide the assistance you need, when you need it.
Elevate Your Default Servicing
We help mortgage servicers navigate mortgage regulations with greater ease.
Consulting & Training
We partner with your team to evaluate and optimize your processes, ensure audit readiness, and maintain compliance.
WaterfallCalc
Our easy-to-use loss mitigation workout calculator ensures cost-effective handling of loss mitigation processes with real-time accuracy.
IT’S ABOUT TIME
Higher Productivity and Profitability Await
We Have You Covered
Our workflow processes and loss mitigation strategies enable mortgage servicers of all sizes to better control their portfolios, reduce default rates and increase productivity—safely and compliantly.
1. Larger Servicers
We’re pros at delivering expert loss mitigation services and default servicing solutions geared specifically for larger servicing operations. Whether you’re looking for volume stabilization outsourcing, preparation for compliance audits, non-GSE loan portfolio assistance, acquisition/transfer support services, or process optimization, DLS Servicing has your back.
2. Small and Mid-Sized Servicers
We get it – smaller servicing operations offer versatility, but often lack the staff to manage rising defaults and constantly changing compliance regulations effectively. Our team of default experts is here to help overcome most default challenges, including staff training, consulting, compliance audits and reviews, procedural documentation, sub-servicer oversight, and servicing platform implementation.
3. Outsourcing Functions
Whether you’re dealing with a temporary surge in defaulted loans or seeking long-term or short-term strategies for better portfolio management, our outsourcing services can help. We offer loss mitigation reviews, FHA foreclosure claims (Part A&B), client-specific workflow processes, FHA first legal evaluations, and more, providing the essential support and guidance for unlocking growth.



30
75,000+
85,000+
WHAT WE OFFER
Our Services
Discover comprehensive servicing support solutions that minimize default rates and boost productivity within your portfolio. Specializing in loss mitigation support services and quality control analysis, our team helps you stay compliant with all agency and government insurer requirements, partnering with you to resolve defaults swiftly, accurately, and in line with applicable guidebooks and industry standards.

Consulting & Training
Our collaborative approach involves a thorough analysis of your existing systems to identify inefficiencies and potential areas for growth. We then develop strategies to optimize your processes, using our proprietary technology and methodologies to improve efficiency and productivity. We also train and equip your team with the knowledge and skills to maintain compliance and reach your business objectives.

Loss Mitigation Assistance
Our loss mitigation expertise is simply unmatched in the servicing industry. We develop customized, compliant strategies that go beyond home retention options and empower you to handle virtually any kind of default scenario. Whether you face an increase in borrowers experiencing financial hardship or simply need help navigating the complex world of defaults and foreclosures, we’ll be with you every step of the way.

Technology Services
Looking for real-time visibility into your portfolio and data-driven decisions that drive growth and profitability? Our proprietary technology was built to deliver actionable insights that allow you to identify trends, optimize processes, and maximize ROI. We also provide technical support and proactive system monitoring to quickly identify and resolve any issues, minimizing downtime and reducing the risk of security threats.

WaterfallCalc
With our easy-to-use WaterfallCalc loss mitigation evaluation and calculation application, your team can quickly and accurately evaluate any default scenario and identify the best course of action. The online application performs calculations based on published criteria for FHA, VA, rural housing, Fannie Mae, Freddie Mac, Section 184 Tribal Loans and the Federal Home Loan Bank—plus, borrowers can submit loss mitigation applications from their phone, tablet or computer.
WORD ON THE STREET
“I have found through experience that your team are top notch professionals in every way.”
Director
Maryland Department of Housing and Community Development
“Your efforts and dedication to our borrowers have always been greatly appreciated.”
CFO
State Housing Finance Agency
“DLS has shown their excellence during the past couple tumultuous years… there have been large volume fluctuations and rule changes, but DLS has always been prepared to make adjustments as needed.”
VP
Large Subservicer
HUD's Mortgagee Letter 2023-03 Webinar
Donna Schmidt, CEO of DLS Servicing, will be sharing expert insights and practical solutions for addressing HUD’s latest requirements.
Free webinar
Date: Tuesday, May 16
Time: 1 pm EST
Duration: 45 mins

Register Now. Spots are Limited!
WORD ON THE STREET


WORD ON THE STREET
Testimonials

“I have found through experience that your team are top notch professionals in every way.”
Director, Maryland Department of Housing and Community Development

“Your efforts and dedication to our borrowers have always been greatly appreciated.”
CFO, State Housing Finance Agency

“DLS has shown their excellence during the past couple tumultuous years… there have been large volume fluctuations and rule changes, but DLS has always been prepared to make adjustments as needed.”
VP, Large Subservicer
THE TEAM
Who We Are
DLS Servicing was founded by seasoned servicing experts to help mortgage servicers overcome their regulatory challenges and maximize returns on delinquent and defaulted loans. Today, our expert consulting services and proprietary technology enable clients to stay compliant, so they can focus on their core business and maximize growth.
Our management team and staff have decades of combined experience in the mortgage default industry. As a trusted and nimble partner, we work collaboratively with your team to overcome hurdles that keep your business from reaching its full potential.

Donna has over 35 years of experience in the mortgage servicing industry and is the co-creator of WaterFallCalc, an online loss mitigation evaluation and calculation tool. Prior to founding DLS Servicing in 1993, Donna held executive or management roles at several national servicers and has expertise in all aspects of mortgage servicing, including loan administration, payment and escrow processing, loan acquisitions and default management.

Michelle is DLS Servicing’s loss mitigation department team lead and training coordinator. Her responsibilities include managing clients during loan onboarding and offboarding processes, troubleshooting client issues, and interviewing and recruiting new hires. Michelle joined the company in 2010 as a loss mitigation reviewer before moving to loss mitigation review QC and eventually team lead.

Rachel is an experienced loan auditor and underwriter responsible for all facets of the loan packaging process and ensuring compliance with all policies and processes. She also serves as WaterfallCalc team lead and ensures DLS Servicing and WaterfallCalc compliance with insurer and investor guidelines. Rachel joined DLS Servicing in 2020 as a loss mitigation reviewer before moving to loss mitigation review QC.

Kathy is responsible for all loss mitigation document intake prior to review, managing all loss mitigation team processors, and ensuring smooth loss mitigation workflows and employees are updated on all current processes to maintain compliance. Kathy joined DLS Servicing in 2017 as
a loss mitigation processor before moving to team lead in 2019.

Stacie is responsible for managing DLS Servicing’s claims team and QC team processes from start to finish as well as training and coaching team members to make sure claims are processed in compliance with all policies and requirements. She joined the company in 2016 as a loss mitigation reviewer and has 17 years of experience managing insurance and claims.

Laurel joined DLS Servicing in 2017 and is responsible for managing all the company’s IT systems and processes, security and support needs, system coordination for reporting, and preparing for business continuity plan & SOC audits. She also trains and coaches team members to ensure business operations meet established company policies. Laurel previously served in loss mitigation reviews before moving to loan mitigation review QC.

Fran is an experienced loss mitigation specialist responsible for managing all disaster and loss mitigation review processes and training and coaching team members. She joined DLS Servicing in 2011 as a loss mitigation reviewer before moving to loss mitigation review QC.

Jenn is responsible for managing DLS Servicing’s QC review team and training and coaching team members. She joined the company in 2009 as a loss mitigation reviewer and previously
served in loss mitigation review QC.

Pam Rice is a valued member of the DLS Servicing team, having joined the company in November 2010. As the Office Manager, she plays an essential role in ensuring the smooth functioning of the office. Her responsibilities include overseeing bookkeeping, human resources, and office facilities management. Pam‘s keen eye for detail and organizational skills ensure that DLS Servicing’s financial records are accurate, up-to-date, and easily accessible. She manages payroll, accounts payable and receivable, and budget planning, ensuring that the company’s financial operations run efficiently. She works closely with the management team to ensure that DLS Servicing has a welcoming, inclusive, and diverse work environment. Pam‘s dedication to the well-being of the office extends beyond just finance and human resources. She is also responsible for managing the office facilities, ensuring that the workspace is clean, comfortable, and safe for everyone.
Experience the difference. Reach out today to learn more.
Address
5025 Plainfield Ave. NE, Suite A Grand Rapids, MI 49525
Phone
(616) 570-0199
info@dls-servicing.com
LET’S GET IN TOUCH