A History of Success
After serving the banking and financial services industries for more than 30 years, our firm and our banking leadership partners have assisted financial institutions and their teams through a wide array of management, solvency, distressed assets and loan portfolios, and regulatory compliance issues. We will not say that we have seen or dealt with every banking problem there ever was, but we will say that we have a successful track record in dealing with most of them.
East 57th Street Partners and its leadership team has been assisting financial institutions with accounting, finance, human resources, and regulatory compliance challenges since the Southwest Plan and Resolution Trust Corporation (RTC) days of the late 1980s.
Our team members have between 15 and 30+ years each of deep, functional experience servicing financial institutions, the FDIC, SBA, mortgage service companies, regulatory compliance organizations, and credit risk departments.
We are proud of our track record and extensive experience in this arena under difficult circumstances, such as the banking and economic crisis of 2008, including the servicing and resolution of mandates from the OCC. We have the tools, expertise, and resources on the ready to be of help. And, we can rapidly deploy this help as needed.
Tailored Services
East 57th Street Partners offers a robust value-added team, along with proven tools and processes to manage or supplement your Compliance Management System.
East 57th Street Partners adds value by providing highly qualified leadership and staff experts to direct financial institution teams through new opportunities and challenges. We are also available to simply augment or train your existing staff. All of our project management teams are overseen by our Executive Management Oversight Team (EMOT), comprised of highly-vetted professionals who have many years of direct workings with the FDIC, and previous employment by the SBA, Fannie Mae, FDIC, mortgage servicers/originators, and financial institutions of almost every size and shape.
East 57th Street Partners can help, not only with experienced and highly trained and credentialed subject matter experts, but also with the adaptation of best practice process and system efficiency, policies, procedures, and controls.
Loan Reviews & Modifications
Due Diligence
Stress Testing
Counter-party Risk Assessments
Portfolio Segmentations
Distressed Asset Management and Resolution
Credit Risk Analysis and Analytics Development
Operational Risk Analysis and Management
Enterprise Risk Management Development and Implementation
Co-sourced/Outsourced Audit and Team Augmentation
Accounting & Finance
Operations
Loss Mitigation
Credit Administration
IT
Risk and Governance
Compliance
Third-party servicer reviews (counterparty risk)
Regulatory Response (both & proactive and reactive to MRAs, MOUs, and C&Ds)
Portfolio Segmentation, Stress Testing, Loan Review, and Due Diligence
Loss Mitigation Projects – including the development of loss mitigation processes and procedures
Compliance Remediation – Regulatory and Consumer
Internal Audit Outsourcing and Co-Sourcing
FDIC Loss Share Administration and Reporting
Foreclosure Consent Orders
Prompt Corrective Actions and other Administrative Agreements
CECL
Regulation W Compliance and Benchmarking
Sarbanes-Oxley/FIDICIA/Control Optimization
BSA/Patriot Act/Red Flag Compliance
Flood Protection
Regulatory & Consumer Compliance for Single-Family Mortgage Loans
Foreclosure Consent Orders issued by OCC
Assistance with Developing, Enhancing, or Integrating your Compliance
Executive Management Oversight Team (EMOT)
Banking and Regulatory Reporting & Compliance Experts
Loan Modification and Workout Experts
• Distressed Loan Restructuring, Collections & Loss MitigationChief Credit Officers
Compliance Officers
Credit Risk Specialists
Underwriters
Loan Originators, Loan Closers, Loan Processors
Forensic Accountants
Litigation Support Teams
Valuation and Due Diligence
Loss Mitigation & Asset Management
Loss Share Experts
ASC 310-30 Technical Accounting
Loan Servicing and Administration
Receivership and Resolutions Specialists
Capital Market Specialists
IT Specialists
Fraud Control Experts
Audit (Financial & IT)Experts
A History of Success
After serving the banking and financial services industries for more than 30 years, our firm and our banking leadership partners have assisted financial institutions and their teams through a wide array of management, solvency, distressed assets and loan portfolios, and regulatory compliance issues. We will not say that we have seen or dealt with every banking problem there ever was, but we will say that we have a successful track record in dealing with most of them.
East 57th Street Partners and its leadership team has been assisting financial institutions with accounting, finance, human resources, and regulatory compliance challenges since the Southwest Plan and Resolution Trust Corporation (RTC) days of the late 1980s.
Our team members have between 15 and 30+ years each of deep, functional experience servicing financial institutions, the FDIC, SBA, mortgage service companies, regulatory compliance organizations, and credit risk departments.
We are proud of our track record and extensive experience in this arena under difficult circumstances, such as the banking and economic crisis of 2008, including the servicing and resolution of mandates from the OCC. We have the tools, expertise, and resources on the ready to be of help. And, we can rapidly deploy this help as needed.
Tailored Services
East 57th Street Partners offers a robust value-added team, along with proven tools and processes to manage or supplement your Compliance Management System.
East 57th Street Partners adds value by providing highly qualified leadership and staff experts to direct financial institution teams through new opportunities and challenges. We are also available to simply augment or train your existing staff. All of our project management teams are overseen by our Executive Management Oversight Team (EMOT), comprised of highly-vetted professionals who have many years of direct workings with the FDIC, and previous employment by the SBA, Fannie Mae, FDIC, mortgage servicers/originators, and financial institutions of almost every size and shape.
East 57th Street Partners can help, not only with experienced and highly trained and credentialed subject matter experts, but also with the adaptation of best practice process and system efficiency, policies, procedures, and controls.
Loan Reviews & Modifications
Due Diligence
Stress Testing
Counter-party Risk Assessments
Portfolio Segmentations
Distressed Asset Management and Resolution
Credit Risk Analysis and Analytics Development
Operational Risk Analysis and Management
Enterprise Risk Management Development and Implementation
Co-sourced/Outsourced Audit and Team Augmentation
Accounting & Finance
Operations
Loss Mitigation
Credit Administration
IT
Risk and Governance
Compliance
Third-party servicer reviews (counterparty risk)
Regulatory Response (both & proactive and reactive to MRAs, MOUs, and C&Ds)
Portfolio Segmentation, Stress Testing, Loan Review, and Due Diligence
Loss Mitigation Projects – including the development of loss mitigation processes and procedures
Compliance Remediation – Regulatory and Consumer
Internal Audit Outsourcing and Co-Sourcing
FDIC Loss Share Administration and Reporting
Foreclosure Consent Orders
Prompt Corrective Actions and other Administrative Agreements
CECL
Regulation W Compliance and Benchmarking
Sarbanes-Oxley/FIDICIA/Control Optimization
BSA/Patriot Act/Red Flag Compliance
Flood Protection
Regulatory & Consumer Compliance for Single-Family Mortgage Loans
Foreclosure Consent Orders issued by OCC
Assistance with Developing, Enhancing, or Integrating your Compliance
Executive Management Oversight Team (EMOT)
Banking and Regulatory Reporting & Compliance Experts
Loan Modification and Workout Experts
• Distressed Loan Restructuring, Collections & Loss MitigationChief Credit Officers
Compliance Officers
Credit Risk Specialists
Underwriters
Loan Originators, Loan Closers, Loan Processors
Loan Servicing and Administration Professionals
Forensic Accountants
Litigation Support Teams
Valuation and Due Diligence
Loss Mitigation & Asset Management
Loss Share Experts
ASC 310-30 Technical Accounting
Loan Servicing and Administration
Receivership and Resolutions Specialists
Capital Market Specialists
IT Specialists
Fraud Control Experts
Audit (Financial & IT)Experts