Servicing Outsourcer Combines Affiliate Operations

Posted by Orb Staff on August 13, 2009 No Comments
Categories : Mortgage Servicing

http://www.thenationalgroups.com/pdf/TheNationalGroupsPRAugust%2009.pdf][u]National Default Servicing LLC[/u][/link] (NDS), which performs outsourcing of real estate owned and special servicing, has integrated its mortgage service operations under a new parent name, The National Groups. Affiliate companies to be combined include NDS; National Collections & Loss Mitigation Services LLC, a default management firm with specializations in short-sale and modification services; National Valuation Services LLC, a nationwide provider of valuation products and valuation quality control services; and National Closing, Escrow, and Title Services Inc., a licensed and regulated closing and escrow services firm. The National Groups says its boutique approach to the market provides a single solution without sacrificing the nimbleness to its individual service companies. "Our combined operations represent a streamlined, cross-functional approach that will achieve a higher degree of efficiency than the affiliates could ever produce individually," says Bob Vanderbilt, CEO for The National Groups. The firm, which has an existing West Coast operations center in San Diego, is opening a corporate headquarters in Glastonbury, Conn. SOURCE: [link=http://www.thenationalgroups.com]The National Groups

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