We all know the old saying “an ounce of prevention is worth a pound of cure”. When it comes to borrowers looking for a business loan, that’s especially true. Borrowers, especially those who’ve never applied for a business loan, are … Read More
At some point, every lender is faced with a borrower who has missed a payment deadline. At Total Lender Solutions, we specialize in helping lenders manage the foreclosure process – but honestly, we’re staunch advocates of avoiding that process when … Read More
It may seem counterintuitive for a lender to outsource the foreclosure process. After all, lenders loan the money – they should have the knowledge and the resources to get it back. And to be fair, many do. But consider a … Read More
In Texas, there are two types of foreclosure: judicial and non-judicial. Most foreclosures in the Lone Star State fall into the latter category. Here are a few basic things that lenders need to know about the non-judicial foreclosure process in … Read More
In California, there are two types of foreclosure: judicial and non-judicial. Non-judicial foreclosures are the state’s most common; here are a few basic things that lenders need to know about California’s non-judicial foreclosure process. Non-Judicial Foreclosure in California: How It … Read More
60% of states use deeds of trust as their primary security instruments. Once a borrower has paid off their loan, the deed of trust must be removed from the public records. This is done with a deed of reconveyance … Read More
It’s no secret that the past 16 months have been devastating to many lenders and borrowers. We’ve long maintained that when it comes to resolving issues surrounding breaches of obligations, foreclosure should always be the final option. That holds true … Read More
Total Lender Solutions and Mortgage Lender Services have come together to form a single assessment collection partner. Under the name Total Lender Solutions, we will continue business with the same people you have come to know and trust over the years, and we remain dedicated to serving all of our clients with integrity and care.