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Five Star Title Coalition Welcomes ALAW

Posted by JAlbertelli on May 28, 2013 9:05:00 PM

The Coalition is proud to announce the addition of McCurdy & Candler and Albertelli Law to its prestigious membership.  McCurdy & Candler serves Georgia and Tennessee out of their Atlanta, Georgia, office. Albertelli Law, operating out of their office in Tampa, Florida, serves Florida and Georgia. We are excited to welcome these esteemed entities to the Five Star family.

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The Florida House and Senate voted in favor of H.B...

Posted by JAlbertelli on May 16, 2013 1:05:00 PM

LegislationAlert1The Florida House and Senate voted in favor of H.B. 87 on Monday, and the bill will now go to the desk of Gov. Rick Scott. The legislation is intended to streamline and expedite the legal process for foreclosures in Florida.

The Firm has taken immediate steps to protect our clients' interests with extensive research of the bill and potential impact on all Florida foreclosure cases. Mortgage defense attorneys are attempting to rally support for a Gubernatorial veto of the bill. If the governor does not take action within fifteen days of the approval date, the bill will become law.

H.B. 87 Legislation Highlights:

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Topics: Florida, Legislation, News

The Transparency of BestX

Posted by JAlbertelli on Jan 7, 2013 10:31:00 AM

BestX from Adam Fitch on Vimeo.

Oversite’s BestX Program (BestX.com) has been proven to increase transparency, mitigate risk, and accelerate judicial foreclosure performance. Servicing systems today rely on the self-reported milestones and dates of third party vendors (law firms); that often conflict with official court records. Law Firms also vary widely in performance and capacity and the legal strategies that the pursue may not reflect optimum resolution paths. BestX deploys information capture, analytics and legal capabilities in the hardest hit judicial states and provides a thorough analysis of jurisdictions, dockets and judicial personnel to determine the optimal case prosecution strategy.

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Topics: News, Technology

New Fannie Mae Mortgage Release Servicing Guidelines

Posted by JAlbertelli on Dec 17, 2012 4:56:00 PM

On November 28, 2012 Fannie Mae announced new requirements for the Fannie Mae Mortgage Release process.  Fannie Mae’s Mortgage Release procedures are a new name for the previous Deed-In-Lieu of Foreclosure policies.  Servicers are required to implement the new Mortgage Release policies for all covered mortgage loans on or after March 1, 2013.

Fannie Mae’s new Mortgage Release guidelines are part of a broader Servicing Alignment Initiative.  The Servicing Alignment Initiative is a FHFA directed effort to establish more consistent processes for the servicing of delinquent loans owned or guaranteed by Fannie Mae and Freddie Mac. The goal of the Servicing Alignment Initiative is to establish servicer guidelines that resolve delinquencies in a more consistent and expeditious manner, keep people in their homes when possible and minimize losses to the companies and taxpayers.

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Topics: News

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