Wingspan Portfolio Advisors LLC, a Dallas-based mortgage servicer specializing in highly delinquent loans, has created a new consumer division focused on helping delinquent borrowers from losing their homes to foreclosure. Called Foreclosure Resolutions, the division leverages Wingspan Portfolio Advisors' specialized capabilities as problem-loan servicers to deal with lenders and their loan servicers on behalf of borrowers and negotiate arrangements that allow people to keep their homes, the company says.
Foreclosure Resolutions is currently using an advertising campaign to reach out to consumers who are having trouble making mortgage payments, have been denied modifications to their payments, are considering bankruptcy or who have adjustable-rate mortgages with payments that are set to increase.
Additionally, Wingspan Portfolio Advisors notes that it has recently selected SigniaDocs' eVaulting and eSigning capabilities to provide faster service for its loan modification efforts. By integrating SigniaDocs eModification technology with Wingspan Portfolio Advisors' platform, Wingspan loan resolution specialists are able to send necessary documentation instantly, while borrowers are still in close contact, are eager to stay in their homes and have agreed to a payment plan that will work for them.Â
SOURCE: Wingspan Portfolio Advisors