mortgage loss mitigation
> February 8th, 2010
IRVINE, Calif. — We Save Homes, Inc. (OTCBB: WESA) is proud to announce the
signing of a software licensing agreement with Mitigation
Professionals, LLC Newport Beach, Calif. (“Mitigation”). Mitigation
advocates and recognizes eTurboMod™ as the leading-edge industry
software. In an effort to simplify the mitigation process and
documentation flow, Mitigation has chosen We Save Homes, Inc. (“WESA”)
to help provide their clients with eTurboMod™. Mitigation offers an
extensive client base with many industry tools. During 2009, Mitigation
served thousands of clients and expects to integrate WESA’s eTurboMod™
into a majority of their existing clients. Mitigation will be working
directly with the lenders to rectify their non-performing asset pools
through loan modifications, short sales, deed-in-lieus, etc. Mitigation
Professionals, LLC will also be managing and supporting clients with any
failed modification negotiations by guiding clients through short sales,
Cash4keys, and other foreclosure alternatives.
Andrew Kardish, WESA’s Chairman, said, “The contract with Mitigation
Professionals, LLC begins WESA’s industrywide rollout of our eTurboMod™
software. During 2010, we expect continued industrywide adaptation to
our eTurboMod™ software.”
Mitigation Professionals, LLC’s President, Glen Reneau, noted, “We are
very excited to start integrating the eTurboMod™ software into our
product offering and expect an immediate cost and efficiency benefit
from the software. After extensive research, we have determined that the
eTurboMod™ software is the best in class.”
We Save Homes, Inc. is the only publicly traded loan modification, loss
mitigation and short sale software company to assist homeowners
nationwide. Through their network, WESA’s mission is to keep Americans
in their homes. In the event this is not possible, eTurboMod™ empowers
the homeowner to realize his or her optimal solution.
Mortgage outsourcing provider builds industry presence of settlement
services
DENVER — LenderLive
Network Inc., a provider of business process outsourcing and
technology to the financial industry, announced today that 2009 brought
an expansion of staff, office space and product offerings to LenderLive
Settlement Services LLC (LLSS), a nationwide service provider
assuring timeliness, convenience and consistency through a true single
point of contact for title, appraisal and other closing services.
LLSS helps lenders close more loans by providing a true single point of
contact for nationwide delivery of title and settlement services,
including title insurance, flood certificates and appraisals.
“LenderLive Settlement Services has efficiently delivered sound title
and closing and settlement solutions on a national scale to multi-state
and regional lenders,” said Rick
Seehausen, president and CEO of LenderLive. “Either bundled with
LenderLive’s other mortgage fulfillment services or delivered
independently, the LLSS division streamlines operations by eliminating
the need to manage multiple vendors across different regions, resulting
in the ability to close more loans and provide greater customer
satisfaction.”
Colorado-based Ellis Financial has been a LLSS client for three years.
An in-house lender for a network of realtors, it leverages the
technology and expertise of LLSS to support quick turn times and
accurate documentation of title policies for mortgage refinances. Chaun
Ellis, the company’s president, explained, “The support from LenderLive
has allowed us to effectively adapt to varying demands in purchase and
refinance activity, all without raising our costs of doing business or
jeopardizing customer service.”