Deed in Lieu
With the U.S. Treasury's Home Affordable Foreclosure Alternatives (HAFA) program standardizing the short sale and Deed-in-Lieu of foreclosure processes, borrowers whose loan modification or Short Sale efforts have been unsuccessful have a last alternative to foreclosure. For lenders, servicers and investors seeking assistance for processing deed-in-Lieu transactions, we have the knowledge, products and flexibility to help cost-effectively manage your transactions.
Our experienced FDCPA-compliant Borrower Contact Center and fully integrated workflows assist in establishing rapport with the borrower, adding continuity and cohesiveness, thereby streamlining the overall process. No need to repeatedly gather the same borrower information, or go back and forth among vendors. Borrowers can be easily transitioned from the failed loan modification to a deed-in-lieu to expedite a graceful exit and ultimate liquidation of the property. We offer a full suite of integrated services that significantly compress the time from borrower contact to the marketing of the asset.
- Borrower contact
- Financial package review and underwriting
- Valuation services
- Title search and review
- Lien release preparation and recordation
- Asset management
- Title search and grading
- Title curative
- Deed preparation and recordation
- Issuance of owner’s title insurance when required by investor
All services and products referenced herein are offered by or through a member of the Stewart family of companies, as applicable, and may vary by state or local jurisdiction. The statements herein are not a representation that services or products are being offered or performed by Stewart Lender Services or any particular Stewart company. Where applicable, all services and products are performed and produced by an entity fully licensed to do so.