Total Lender Solutions, which offers foreclosure services in California, Arizona, Nevada, Texas, Oregon, and Missouri, has expanded its services to Washington state. This expansion into Washington means that the Total Lender Solutions team can now support nonjudicial commercial real estate … Read More
Lenders with security properties located in nonjudicial states rely on several documents to allow them to foreclose on a property should a borrower fall into default. While the terms “mortgage” and “deed of trust” are often used interchangeably, the deed … Read More
Earlier this month, the Federal Reserve announced its biggest interest rate hike since 2008. This hike was made in an effort to combat inflation, even at the risk of a recession. Federal interest rate hikes often lead to more foreclosures … Read More
For commercial and residential properties, a deed of trust agreement involves three parties – a lender, borrower, and third party trustee that holds the deed of trust until it is transferred to the borrower. The third party may be an … Read More
A secured transaction is a transaction that is secured by real or intangible assets. When a borrower defaults on a loan with a secured real asset attached, a lender may be able to conduct a public or private sale of … Read More
Lenders who have completed the arduous process of foreclosing on a commercial real estate property may wonder what the asset recovery process looks like after the foreclosure sale has been completed. After auction, there are a number of processes for … Read More
What borrowers think of as foreclosure is often the point of being issued the Notice of Sale. However, the foreclosure process for lenders starts at the point of default. The time between the borrower going into default and the foreclosure … Read More
Lenders know that the foreclosure process is an arduous process that lenders, especially small lenders, want to avoid if at all possible. Yet, when alternative resolution methods have been exhausted, lenders will enter the foreclosure process in order to protect … 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.