A residential mortgage law firm and title insurance provider have decided to join forces in order to help lenders and servicers respond to the demand of REO properties flowing into the market.
Butler & Hosch and Stewart Lender Services said that they are partnering to offer an expanded platform for nationwide REO title curative and settlement services.
As part of the agreement, the Dallas-based law firm’s REO title curative and settlement clients will continue to work directly with a single point of contact at the firm, but will also have access to
Butler & Hosch manages all legal aspects of the lender/servicer mortgage industry, including foreclosure, bankruptcy, loss mitigation, loan workout, litigation, REO, eviction and deeds-in-lieu. Besides Dallas, the firm has offices in Florida, Mississippi, Texas, Georgia, South Carolina, North Carolina and Louisiana.
“This type of collaboration, with a company as reputable as Stewart, strengthens our business platform and leverages capital from two strong organizations in favor of our clients,” said Robert H. Hosch, senior partner at Butler & Hosch, in a written statement.
Houston-based Stewart Lender Services provides title insurance services for settlement by the real estate and mortgage industries. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, document preparation and background checks.
“Operationally, this partnership with Stewart provides us the ability to handle volume without losing a step in our dedication to customer service, as well as the flexibility to give the client every possible needed service,” said Robert Simpson, chief operating officer of Butler & Hosch.
