Operation Reach 1 Announces Initiative to Offer Foreclosure Review Services for Legal Professionals
PR Log - Dec 13, 2012 - San Ramon, California -- Operation Reach 1, a member of the Thomson Reuters Round Table Group for expert witnesses, today announced a new initiative to assist attorneys and their clients in undertaking a thorough review of their foreclosure cases. Operation Reach 1 is highly experienced in identifying compliance errors and violations, which may occur during the foreclosure and HAMP loan modification process. This initiative furthers Operation Reach’s goal of working with loan servicers, investors and borrowers to create sustainable housing options and real estate investment opportunities in communities throughout the U.S.
Assisting attorneys in the pre-litigation process, Operation Reach’s foreclosure and HAMP loan modification review process includes evaluating the servicing of the loan up until and through foreclosure.
“Unfortunately, due to inefficient business practices and a lack of knowledge surrounding new federal guidelines that are part of President Obama’s Making Home Affordable program, the foreclosure process tends to be fertile ground for mistakes and violations on the part of lenders,” said Denise Wilhite Thomas, founder and president of Operation Reach 1. “Thankfully, agencies like The Office of the Comptroller of the Currency (OCC), The Consumer Protection Agency and the Attorney General of California's office are taking the right steps to encourage loan servicers to correct the current problems that exist.”
“Having reviewed numerous number of foreclosure cases, we at Operation Reach know the do’s and don’ts of the foreclosure process and are committed to helping real estate attorneys better represent and serve their clients,” added Thomas. “Working together, we will help borrowers and lenders achieve a resolution and restore the housing market.”
“We’re very pleased to work with Operation Reach 1 – the company is performing a vital role in helping us offer our clients the very best representation,” said Brian K. Hilliard, Attorney at Law, Hilliard and Porrino, P.C. “Operation Reach is well versed in the foreclosure process, and is able to discern even the most difficult of improper banking transactions. In taking a look back at how a client’s loan and foreclosure has been handled, Operation Reach reconstructs the facts in the same way any good detective reconstructs the scene of a crime – methodically and by leaving no stone unturned.”
More about Operation Reach 1’s Foreclosure Review Services
Operation Reach 1’s foreclosure review services help legal professionals serve the real estate litigation needs of a variety of clients, from residential borrowers who are financing their primary residence to commercial clients who are paying back loans on multiple rental properties. To date, Operation Reach 1 is one of the top companies to complete rescissions of illegal foreclosures in California, thereby making its initiative to partner with legal professionals a synergistic match. The company is currently working in partnership with California Monitor, a division of Attorney General of California, Kamala Harris’ office, to help homeowners who have been the victims of illegal foreclosures.
About Operation Reach 1
Operation REACH, CA DRE# 01210624, was formed in direct response to the mortgage crisis by female and minority professionals with 50+ years combined mortgage underwriting, risk management, quality control, and loan servicing experience. At the end of the day, when we have a family who has the opportunity to remain in their home, a lender who will receive monthly payments on time every month, and a neighborhood that reflects pride of home-ownership, we have done our job. For more information on Operation Reach 1 and how we help usher borrowers through the loan modification and or rescission process, contact us at 1-888-979-4447 or visit our website at www.operation-reach.com.