Turnkey mortgage modification solution announced by national law firm McGlinchey Stafford PLLC MortgagePress.comloan modification, McGlinchey Stafford PLLC, Mortgage Loan Modification Package
The national law firm of McGlinchey Stafford PLLC has announced
a solution to make mortgage loan modifications efficient and
seamless for any financial institution facing the prospect of
large-scale processing demands. The firm's Mortgage
Loan-Modification Package streamlines the process, at a low,
per-unit fixed cost. The Mortgage Loan Modification Package is
based on forms appropriate for virtually every possible combination
of modification terms. The turn-key solution is backed by extensive
research on the multitude of legal issues implicated in the
process, culminating in complete and rapid document preparation and
processing.
McGlinchey Stafford has completed hundreds of mortgage
modifications for Banco Popular North America's U.S. based lending
and servicing operations. Brian Doran, Chief Legal Officer of Banco
Popular North America comments, "The solution offered by McGlinchey
Stafford meets our demands for legal and technical accuracy, speed,
and cost. The combination of consumer finance expertise, forms
creation and document preparation made it possible for us to turn
modifications around in hours as opposed to days or weeks, while
greatly minimizing our cost, both in terms of personnel and
per-unit expense."
McGlinchey Stafford's Mortgage Loan Modification Package is
versatile enough to meet differing needs in the wake of current
economic realities. This function can be completely outsourced to
the law firm or can be accessed via the internet directly by the
lender's employees. The Mortgage Modification Package gives lenders
maximum value by leveraging both the law firms professional legal
services and counsel, and the firms already existing infrastructure
of a complete loan document preparation capability and service. The
Mortgage Loan Modification Package is capable of modifying
conventional and non-Agency 1st and 2nd lien mortgages in all 50
states. The Mortgage Modification Package is also flexible enough
to allow for any customization necessary as a result of evolving
economic stimulus initiatives.
For more information, visit www.mcglinchey.com.
