The Real Estate Default Group (REDG) at WWR provides comprehensive legal representation to mortgage lenders and servicers to help resolve non-performing assets in a timely fashion. By creating loss mitigation opportunities and identifying contacts to help resolve loans, or by producing clear and marketable titles as quickly as possible, WWR strives to deliver solutions that leverage our ability to meet or exceed your expectations.
Bankruptcy
WWR provides comprehensive bankruptcy services for real estate lenders in Chapter 7, 11, 12, and 13 proceedings. Services include objections to confirmation, motions for relief from stay, motions for adequate protection and proofs of claim. We handle complex adversary and defense matters including lien avoidance, title claims, objections to proof of claim and stay violations. WWR partners with your efforts to promote loss mitigation by attending first meetings of creditors and through the judicious use of reaffirmation agreements, forbearance agreements, deeds in lieu of foreclosure and short sales.
Compliance
Our in-house compliance department works diligently to ensure that WWR staff, practices, policies and procedures are up-to-date and in compliance with all state and federal regulations. We adhere to the most current privacy, data security, document destruction and compliance guidelines set forth in our industry.
Foreclosure / Eviction
Our foreclosure team approaches foreclosure or alternatives by focusing on critical objectives of completing the process and producing a marketable title to the real property as quickly as possible. We understand the importance of resolving obstacles to the process and timeline for both judicial and non-judicial states, and the need to communicate timely resolutions to you. Our title and lien summary reports notify you within days as to the status of the title to the real estate.
Litigation & Defense
The litigation team provides representation on contested matters with respect to complex legal and business issues. Our goal is to obtain timely resolutions while minimizing exposure and liability. Our experience in litigation, combined with our knowledge of real estate matters, allows us not only to represent lenders but to also offer advice in order to avoid future litigation.
Loss Mitigation
WWR offers loss mitigation services to help you reduce the number of accounts going into to foreclosure and the number of accounts in default. Since debtors frequently respond to WWR letters and calls, we encourage them to contact your loss mitigation department to swiftly resolve these matters. By attending the first meeting of creditors as a part of our routine bankruptcy service, WWR can even discuss loss mitigation directly with the debtor to seek cooperation.
Title & REO Closing Services
Thoroughbred Title Agency (TTA) is our affiliate, full-service title agency designed specifically to work hand-in-hand with WWR to save you the hassle of dealing with multiple vendors, expedite the process and provide a clear and marketable title. To avoid title curative issues, TTA searches 50+ years or as far back as necessary to ensure a proper transaction. Our association with WWR helps us to understand the sense of urgency to get your sales closed and proceeds delivered and offers an accelerated disposition of property, while granting direct access to specific legal expertise. TTA operates throughout Ohio, Kentucky, Michigan and Indiana.
Affiliations
- American Legal & Financial Network
- California Mortgage Bankers Association
- Default Attorney Group
- DSNews Legal League 100
- Fannie Mae Retained Attorney Network
- Mortgage Bankers Association
- Texas Mortgage Bankers Association
We invite you to visit www.realestatedefaultgroup.com for more information.
