Through our vendor approved mortgage servicing partners, SHC vendors contact the borrower of each property to assess their current financial condition in order to verify the borrower’s qualification to modification guidelines and convert the NPN into a performing mortgage loan. If successful, the modified mortgage loan is then sold back to 3rd party investors such as banks, funds, and private investors.

If the borrower does not meet the modification guidelines, then Stone Hill & Company will pursue other means of financial assistance such as a “Deed in Lieu” which is simply a premium paid to the defaulted borrower in lieu of foreclosure assisting with relocation and subsequently ceasing foreclosure filings and saving the borrower’s credit rating.