Woodland Hills, CA (PRWEB) July 01, 2013
Peak Foreclosure Services, Inc. (http://www.peakforeclosure.com) announced today that it has entered into an agreement with affiliated law firms who have received the “No Objection” approval in conducting default servicing transactions as a result of recent rule changes within Fannie Mae (FNMA) and Freddie Mac (FHLMC) programs that govern authorized legal counsel to process foreclosures. Peak Foreclosure Services, Inc. (PFS) specializes in a wide range of default servicing solutions catering to banks, credit unions, mortgage companies, and individual investors nationwide. Kelli Espinoza, EVP and Foreclosure Manager for the firm characterizes the new agreement as “a tremendous opportunity to expand our services to include GSE-related default services.”
Eli Tene, Principal and Managing Director of the Peak entities, congratulates Espinoza and her team on the announcement. “It’s crucial in this phase of our housing recovery that lenders and servicers tap competent resources to execute asset disposition strategies,” states Tene. “Now that Peak Foreclosure Services is able to participate in default situations involving Fannie Mae and Freddie Mac properties through affiliated law firms, we are given even more opportunities to position our trustee and foreclosure services to new audiences in search of a strong default servicing solution.”
Peak Foreclosure Services, Inc. is part of the Peak Corporate Network (http://www.peakcorp.com), a brand representing a group of entities providing a comprehensive array of commercial and retail real estate services nationwide including mortgage lending, loan servicing, short sale services, residential and commercial real estate brokerage services, 1031 exchange services, insurance and escrow services.