Wingspan Partners with AFN to Preserve Homeownership

Wingspan Portfolio Advisors LLC, a Dallas-based mortgage servicer specializing in highly delinquent loans, has partnered with the AFN, the American Legal & Financial Network, to improve mortgage performance, protect creditors and preserve homeownership. Through this joint program, participating investors, lenders and law firms replace the last resort of foreclosure with a new concept that the AFN and Wingspan call a "Total Default Solution." Through the Total Default Solution, a servicer, lender or investor refers cases to Wingspan Portfolio Advisors. Next, Wingspan Portfolio Advisors collaborates with the AFN attorneys to maximize the chances of home retention while the legal proceedings move forward. The AFN is a professional organization comprised of members of the residential mortgage banking and legal communities.