Interactive Site Launched For Default Loan Servicing

Woodland Hills, CA (PRWEB) Might 2, 2009

BLC Servicing of Woodland Hills, California launched its unique, interactive website made to offer maximum details to lenders and investors holding defaulted mortgage loans on April 30, 2009.

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The new site address is http://www.BLCServicing.com. Its purpose is to give important and timely data to borrowers, lenders and investors concerning their mortgage loans getting serviced by the business. “We realize that sensible and efficient loan servicing can occur only when each the borrower and lender/investor have a maximum amount of present data and are educated regarding the tools accessible to them in a delinquency circumstance,” stated Brent K. Houston, Chief Operating Officer.

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On the new site, borrowers are offered information about the existing status of their loans, plus access to a series of options for the a variety of challenges they might face. These options include credit management services, loss mitigations options, modification plans, refinance alternatives, payment options and suggestions for dealing with monetary hardship.

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The website makes available to lenders and investors the most current data concerning their loan portfolios to allow them to make quick and efficient choices. In addition, they have direct access to data setting forth their responsibilities, credit management services, foreclosure and bankruptcy laws, loss mitigation options and emergency disaster response.

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“In today’s mortgage environment, with its heavy component of delinquent loans, the on the web data that BLC Servicing gives is a critical strategic complement to our company’s hands-on approach to operating with our servicing clientele,” Houston explained. “BLC Servicing is a complete-spectrum mortgage servicer specializing in curing or otherwise resolving problematic loans. Our network of affiliated companies supplies a one particular-stop remedy for the delinquent loan assets appearing in a lender’s or investor’s portfolio.”

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“At a time when the Federal Government is generating a major work to help banks in removing the delinquent loans from their balance sheets, we are in a exclusive position to be an market leader within this default loan servicing space,” Houston said.

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BLC Servicing is a member of the Peak Network of businesses headquartered in Woodland Hills, California. In addition to loan servicing, Peak Network firms provide lending, brief-sale, loan modification, 1031 exchange, foreclosure, and real estate sale services covering all aspects of delinquent actual estate management. The solutions provided by the Peak Network are offered throughout the United States for each residential and commercial genuine estate loans.

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Speak to Person: Brent K. Houston, Chief Operating Officer&#13

Organization: BLC Servicing&#13

Address: 22837 Ventura Blvd., Ste. 300, Woodland Hills, CA 91364&#13

Telephone: (818) 206-0657&#13

Fax: (818) 206-3510&#13

Website: http://www.BLCServicing.com

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