Due diligence and surveillance solutions are the first step in providing lenders and investors a clear exit strategy.

With more than 20 years of experience in underwriting, due diligence and surveillance services for primary, subordinate and mezzanine commercial and residential loan positions, RR Donnelley has proven solutions for underperforming equity and debt investments.

Our due diligence professionals conduct a forensic review of loan files and then compare those findings to actual asset performance in order to identify reasons for default. Overall causes for default can be broad and unpredictable or very specific and avoidable.

• General global economic conditions
• Local economies
• Property or Borrower-specific issues
• Declining consumer spending
• Flawed business plan or execution

• Revising borrower's business plan
• Review of new capital structures in current market environment
• Ongoing, preventative surveillance

• CDO and Mezzanine Bondholders and their Asset Managers needing to identify reasons for cash flow reductions
• Issuers wanting to substitute collateral or mitigate further default risk
• Loan Servicers not in compliance with servicing agreements
• Lender's Attorneys, Commercial Banks, Credit Unions, and GSE's seeking forensic evidence of Borrower creditworthiness, experience, performance, misrepresentation or fraud

• Original Underwriting and Business Plan Review
• Legal and Loan Documents Review for
• Reps and Warranties
• Fraud and Misrepresentation
• Borrower Performance Requirements
• Default Provisions
• Business Issues Specific to Loans (such as performance hurdles, level of recourse, etc.)
• Compliance Requirements
• Third Party Report Review and Analysis
• Re-Underwriting Loan with Updated Property Performance Information
• Property Inspections
• Update Property and Market Data
• Conclusive Recommendation