DENVER, June 1, 2011 – As the needs of lenders and servicers change drastically with new
regulatory compliance requirements, LenderLive Settlement Services LLC (LLSS) has
expanded its title-related and portfolio management service offerings. LLSS is a division of
LenderLive Network Inc., an end-to-end mortgage services provider.
In this current environment, it is even more imperative that servicers have all title and mortgage
documentation in order. In fact, there have been instances where foreclosures or other loan
actions have been delayed because the title information could not be verified. To meet this
greater need in the industry, LenderLive’s settlement services division has enhanced its
services. The firm offers even more file reviews, policy retrieval and replacement policy services
associated with title policy recovery along with recording confirmation, tax reporting and
ownership verifications related to portfolio security assessment.
"These services are extremely timely and meet the needs of lenders and servicers who want to
preserve their business in this ever-changing market climate,” said Lee Baskey, president of
LLSS. “With the scrutiny in today’s market, it is crucial that a lender’s lien is accurately recorded
and the lien position is insured properly. Both of these service areas and any combination of the
offerings help lenders to ensure their loan is properly secured and marketable, and that investor
requirements have been met."
Through these offerings, LenderLive continues to position itself as the leader for mortgage
services from origination to servicing. Through its five divisions (originations, conduit, document
and settlement services and loan servicing) LenderLive’s business model clearly reflects the
needs of the industry it serves.
About LenderLive Network Inc.
LenderLive is a domestic-based mortgage services provider. Through its five divisions—origination services, conduit services, document services, settlement services, and loan servicing— LenderLive offers the people, technology and processes to support our clients’ origination, servicing and loan purchase operations. From large-scale, centralized operations centers, the company provides services to financial institutions of all sizes on a national basis. With tens of millions of transactions processed through its expansive service offering, LenderLive offers the vision, experience and innovation on which financial institutions can rely.