Special Assets Management

Experts at Unlocking Value

Renova’s special assets professionals are dedicated exclusively to evaluating bank portfolios and creating strategies specific to our clients’ needs.

We customize our bank teams to meet the specific needs of each engagement, deploying quickly and withdrawing as soon as the assignment is complete – no need to mess with recruitment, benefits, or termination issues. Teams can be placed onsite and integrated seamlessly into the bank’s existing operations, or we can work offsite in an advisory capacity.

Special assets solutions include:

  • Portfolio evaluation to provide multiple solutions to resolve the bank’s non-performing and OREO portfolios.
  • Loan workouts that involve having our special assets team report directly to the designated bank manager or others the bank may appoint.
  • Foreclosure/deficiency judgment management where Renova provides third-party management of the foreclosure process as well as any lawsuits for deficiency judgments.
  • Third-party loan services for times when an outside party may be required to deal with sensitive situations with borrowers. After discussion with management, Renova can tailor its approach to borrowers of troubled loans.