LenderLive Partnerships Support New Short-Sale Services

Posted by Orb Staff on June 02, 2010 No Comments
Categories : Mortgage Servicing

Live Network Inc., a provider of business process outsourcing, has expanded its existing loss mitigation initiatives to include the launch of LenderLive Default Solutions, a new short-sale offering. LenderLive Default Solutions is supported by LenderLive's strategic partnerships with ClearMarkets LLC, a technology-based real estate and loan disposition company, and Keller Williams Global Property Solutions LLC (KWGPS)/KW Commercial. Together, the three parties equip LenderLive Default Solutions with a complete end-to-end solution to address every component of the short-sale process, LenderLive says. "Until now, mortgage servicers had to look to separate entities for document fulfillment, asset management and marketing, and broker education, often resulting in challenges to efficiently and cost-effectively integrate those processes," explains Rick Seehausen, CEO of LenderLive Network. ClearMarkets provides LenderLive Default Solutions with the technology for bid management, asset sales and marketing, and reporting, while KWGPS provides full agent training, education and certification. The partnership with KWGPS also gives LenderLive clients access to Keller Williams Realty's network of more than 75,000 real estate agents. LenderLive Network represents the back office for LenderLive Default Solutions, offering support for such services as document management and preparation, processing, title and settlement, and compliance. SOURCE: [link=http://www.lenderlive.com ]LenderLive Network

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