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DS News November 2016

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84 NEBRASKA SouthLaw Welcomes New Associate Attorney SouthLaw P.C., a default servicing firm with six offices in the Midwestern United States, has announced that Christopher Santora has joined the firm as an Associate Attorney in the Litigation Department in the Omaha, Nebraska, office. e focus of Santora's area of practice is on representing financial institutions and creditors' rights litigation. He has successfully litigated and negotiated such legal matters as contested foreclosures and title-related litiga- tion (such as mortgage reformation and quiet title actions). Santora obtained his law degree from Seton Hall University School of Law in 1993 and his B.S.B.A. in Finance from Creighton Univer- sity in 1984. He is a member of the Nebraska Bar Association and the Dodge County, Nebraska, Bar Association. SouthLaw, P.C., is staffed with more than 30 attorneys and 130 staff members located in offices in Overland Park, Kansas; Wichita, Kansas; St. Louis, Missouri; Kansas City, Missouri; West Des Moines, Iowa; and Omaha, Nebraska. SouthLaw, P.C., is a member of the Legal League 100, a professional association of de- fault servicing law firms and service providers created in April 2007 in collaboration with the Five Star Institute to provide the mortgage banking and default servicing industries with a reliable, results-driven resource that helps them easily locate the law firms specializing in servicing and default-related matters, while providing its members endless avenues to achieve growth and success. Once the terms of the modification are ap- proved, IntelliMods will instantly generate the appropriate modification package. e pack- age can then be sent to the server's production house for printing, assembly, and shipping, or to FedEx for printing and overnight delivery to the borrower. A prepaid return envelope is included with the FedEx option, which allows servicers to track the package process using recordation using outbound and inbound tracking numbers which are incorporated into IntelliMods. "As a result of this integration with Fiserv, the CoreLogic IntelliMods platform enables servicers to take advantage of unique capabili- ties that provide real-time loan decisioning for Fiserv customers," said Sapan Bafna, vice pres- ident, advanced delivery engines, CoreLogic. "IntelliMods helps reduce the workload and risk associated with the evaluation of workout options, and provides further add-on solutions for data append, property ownership reports, title reports, compliant document generation, e-delivery, e-sign and recording services." WISCONSIN Fiserv Aims for Faster Modification Process with CoreLogic Integration Wisconsin-based Fiserv, Inc., a global pro- vider of financial services technology solutions, has announced an agreement with analytics and data-enabled services provider CoreLogic to integrate CoreLogic's IntelliMods loan modification decisioning tool with Fiserv's comprehensive servicing platform, LoanServ. e integration is expected to reduce default risk and improve the time and cost of servicing loans. "Facing default is a truly distressing situ- ation for a borrower," said Joe Dombrowski, director of product management, Lending Solutions, Fiserv. "e integration of Loan- Serv from Fiserv with CoreLogic IntelliMods enables a servicer to quickly—in real time— and accurately evaluate borrower information and present the appropriate loan modification package, thereby reducing default risk and greatly improving borrower interaction." e integration will mean faster process- ing of information necessary for a rules-based analysis of workout options for distressed borrowers to ensure compliance with all federal regulations, including Fannie Mae and Freddie Mac requirements. IntelliMods can deliver a decision in seconds once the user selects a modification profile that includes term extension, rate, or principal reduction. e integration of IntelliMods into LoanServ will trim days off of the process by allowing Fiserv clients to upload, qualify, process, route to borrowers, and track loan modifications at an accelerated rate. e follow-up of terms can also be automated. Minnesota www.MinnesotaREO.com 612-669-6324 952-935-1144 763-432-7640 612-821-7500 952-844-1511 763-533-9133 651-209-8444 507-424-6026 Bruce McAlpin Jeff Detloff Long H. Doan Maribel Garcia Garth Johnson Craig Murphy Michael Olsen Brian Rossow Illinois Aaron Mighty Broker/Owner MIGHTY REALTY, INC. reo@mightyrealty.com 312-753-8366 www.MightyRealty.com REOs | REO Rentals | Property Management The number of properties that received a foreclosure filing in Wisconsin currently is 49 percent lower than the year prior, according to RealtyTrac. KNOW THIS

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