Loan Modification Fulfillment Services
Perfect Your Security Interest
Modifications have been a HOT target for Fraud, based upon the number of recent Suspicious Activity Reports filed with FinCEN. Do not let your Modification provider subject you or your Institution to undue RISK. The comprehensive services provided by SLT eliminate the risk exposure associated with the most common types of Modification Fraud… Work with a well-established, respected, and highly regarded Law Firm to meet your Modification needs.
It is more important now than ever to ensure proper compliance with state and federal regulations. Too often loan modifications are created, and there is no consideration of the various requirements associated with loan modifications such as Title Vesting, Title Insurance and Recordation Requirements. Without the proper guidance to ensure full compliance, you are exposed to potential litigation risk (a viable defense to an ultimate foreclosure action) or even risk of significant fines and loss of license/charter. Ensure your Modifications are meeting recording requirements with Simpson Law and Title (SLT) Fulfillment Services.
Rest Assured
The days of loose regulations are over; no longer can Institutions blindly perform Modifications without potential risk. Are your current processes meeting all of the requirements associated with performing a Loan Modification? Entrusting your documents’ accuracy with us allows you the peace of mind to work through Modifications quickly and more effectively without the fear of non-compliance.
Loan Modification Fulfillment Services include:
- Full Service Title solutions through a National Title Insurance Underwriter
- A National Network of Local Counsel to meet State and Local requirements
- Recordation, Tracking and Fulfillment
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Validation that the transaction is a Modification versus Refinance
- Accurate management of your Lender-placed Insurance
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Principal Reduction and Refinance Documentation
- Truth-in-Lending document creation (if necessary)
- Right-of-Rescission document creation (if necessary)
- Federal and State Compliant Fair Debt Collection documentation requirements and practices
Simpson Law and Title will perfect your security instruments and interests. Be certain that your modifications are compliant while mitigating potential Foreclosure Defenses.