Completed Projects
Client – Freddie Mac
SMPS worked for Freddie Mac to develop uniform standard legal documents for subordinate down payment assistance loans. Fannie Mae joined the project, and the documents are now available on the GSE web sites. Contact us if you need program specific Notes or Security Instruments.
Client – National Mortgage Banker
SMPS was engaged by a Regional Lender to develop a business case for a Fannie Mae variance to enhance their affordable product and competitive position. Call to discuss how we might help you add to your purchase program menu.
Client – Municipal Securities Firm
SMPS completed a two-phased project providing much needed affordable housing production intelligence to fill an opportunity gap for their annual business strategy, focused on the purchase market. Contact us if you want an industry update on the DPA and housing finance market.
Client – CA Association of Realtors
SMPS wrote a training program for CAR and their members on how affordable programs can boost sales by providing consumers with credit-qualifying support using affordable housing product and programs. We can develop a training program for your staff, specific to your business goals for CRA, or under served markets.
Client – The National Council of State Housing Agencies
SMPS was engaged to lead a team of prominent HFA trailblazers to simplify HFA programs and processes. With NCSHA and MBA support, the results led to the development of the HFA 1 Lender Toolkit
Clients – Various Stakeholders Construction, Renovation and Supporting Systems
SMPS provided expertise in the review and evaluation of a bank’s single close construction business line, including documents, process and controls. Conducted and end-to-end review of the business processes to validate that all are fully documented, and accurately reflect the current state of construction.
Resolved 508 construction workout projects ($200M) in 18 months for a national bank that had acquired construction loans through an acquisition.
These are just some examples, call us to discuss how to launch this new business line, or increase your construction loan efficiency.