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Rogers Townsend & Thomas Named Fannie Mae and Freddie Mac Designated Counsel in South Carolina.
Only Law Firm in the State to be Selected by Both of the Nations Largest Sources of Residential Mortgage Funds.
Lorri-Ann Carter
CarterTodd & Associates, Inc.
803.779.4005 (Ext. 22) or
la@cartertodd.com
Columbia, SC (PRWEB) September 2, 2003 --- Rogers Townsend & Thomas, P.C., a Columbia-based law firm specializing in default services, real estate, and litigation is named Fannie Mae and Freddie Mac Designated Counsel in South Carolina. Rogers Townsend & Thomas is the only firm in the state selected to represent both Freddie Mac and Fannie Mae in foreclosure and related proceedings in SC. Rogers Townsend & Thomas was selected out of numerous law firms vying to be one of two permissible law firms in the state. The firm completed a comprehensive application based on very strict criteria and responded to an extensive interview process.
About Fannie Mae & Freddie Mac
As the nations largest source of residential mortgage funds, Fannie Mae is a Fortune 20 company with approximately $55 billion in revenues generated by nearly 4,500 employees. It is a congressionally chartered and shareholder-owned company (NYSE:FNM) that provides liquidity in the mortgage market by purchasing mortgage loans from lenders, thereby replenishing their funds for additional lending.
Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgages from lenders. The corporation packages them into securities that are sold to investors. Since 1970, it has financed homes for nearly 30 million families¾equal to one of every six homes in America.
Our firm is pleased to be a partner in both Freddie Mac & Fannie Maes designated attorney programs," said Sam Waters, Chairman of Rogers Townsend & Thomas and Head of the Default Services Section. Over the course of several months, we have implemented and upgraded many technology programs to enable our firm to be highly competitive with our business processes as well as advance our overall performance for our mortgage industry clients."
About Rogers Townsend & Thomas, P.C.
Headquartered in Columbia, SC, the law firm represents the interests of corporate and institutional clients throughout the country, including major manufacturers, insurance carriers, construction companies, real estate developers, mortgage lenders, banks, etc. Founded in 1990, the attorneys have a combination of 50+ years experience in the industry.
Rogers Townsend & Thomas focus on the following primary areas of practice: Foreclosure, Creditor Bankruptcy, Evictions, REO Closings, Lender Liability, Business, Banking, Real Estate (all areas), Construction & Products Liability, Insurance Defense, Litigation in all State and Federal Courts, Collections, Labor, and Probate.
For more information, visit www.rtt-law.com.
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