Banking

DEVAL Banking: Financial Institution Advisory and Receivership Support

DEVAL has provided receivership support, asset management, and due diligence services to the Federal Deposit Insurance Corporation and major financial institutions during critical periods in U.S. banking history including the 2008 financial crisis and subsequent bank stress events. Our principals have direct, physical on-site experience taking possession of institution assets under government agency supervision, one of the most demanding and consequential assignments in financial services advisory.

Improving Services and Operations For Our Clients

DEVAL’s banking advisory practice supports financial institutions and government agencies across the full lifecycle of distressed asset situations, from initial assessment and possession through asset management, disposition, and loan servicing continuity.

DEVAL banking advisory services include:

• Receivership support — physical on-site assessment and possession of institution assets under government agency supervision
• Asset management — preservation and management of single-family, multifamily, and consumer loan assets during and after the receivership period
• Due diligence — rapid portfolio assessment and analysis to support asset resolution decisions
• Loan servicing continuity — ensuring borrowers are properly serviced throughout the receivership period with no disruption to performing accounts
• Asset disposition — structured disposition of REO and loan assets to maximize recovery value
• Servicing and collections — debt collections and loss mitigation for distressed loan portfolios

DEVAL’s team genuinely understands the complexity and sensitivity of banking receivership work having operated inside distressed institution environments at the direction of federal regulators. Our principals bring direct advisory experience across single-family, multifamily, and consumer loan portfolios for financial institutions of all sizes.