Phoenix Capital Inc., a Denver-based provider of mortgage servicing brokerage and advisory services, has announced an alliance with Stewart Lender Services Inc. that makes Phoenix a single-source provider of fulfillment for mortgage servicing portfolios.Stewart will provide services such as pulling, imaging, labeling, bar coding, packaging, and shipping loan files; reorganizing files to meet a buyer's requirements; and inventorying documents. Files are shipped to the buyer, supported by file re-creation insurance to cover any losses that may occur in transit, Phoenix said. "Sellers can now rely on one entity for all their portfolio sale requirements," said Michael Lau, executive vice president of Phoenix Capital. "This spectrum of services will ensure support from the valuation and marketing of the portfolio to the consultation, negotiation, and execution of the Purchase and Sale Agreement." The companies can be found online at http://www.phnxcap.com and http://www.stewartlenderservices.com.
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