FCI's Foreclosure Service has an excellent reputation for directly processing and coordinating Foreclosures efficiently and professionally. We know that time equals money. All Foreclosure processes are started immediately upon written request and deposit. If your loan is in Standard Loan Servicing or Specialty Loan Servicing, your live login will show every step of the foreclosure process in every state – and compare it to FNMA timelines to ensure the shortest possible processing times.
Our Foreclosure Service processes all sizes and types of Foreclosures, but is especially recognized for its ability to handle difficult private money, multi-investor, sub prime and complex multi-million dollar Foreclosures.
FCI directly processes non-judicial Foreclosures as Trustee in California and Nevada for clients who do not use our loan servicing, as well as for those that do. FCI Loan Servicing has received an exemption to California SB x 2-7 requiring an additional 90 days added to the foreclosure period on owner occupied loans. California foreclosures on loans serviced by FCI will receive the reduced time period.
National Foreclosures are coordinated and tracked for clients in Specialty Loan Servicing using a network of attorneys on an Electronic Data Interchange system. We exchange information in minutes and remain current with the unique requirements of each state. Using FCI as your one national contact will save time, costly errors and money. There is a one time $175 foreclosure coordination setup fee for national foreclosures (no set up fee for CA, NV non judicial foreclosures).
Foreclosure Service Includes:
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Immediately start all Foreclosures upon notice for loans in Standard or Specialty Loan Servicing.
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Start CA, NV Foreclosure Form for those not in loan servicing.
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Handle Residential, Commercial, Land, Construction, Time Share, Mobile Home, FHLMC, FNMA, GNMA, VA, FHA, Assessment Liens, AITD, Cross Collateral, UCC.
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Quote Reinstatement and Answer Demands.
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24/7 Account Access for all foreclosure loans in Standard or Specialty Loan Servicing.
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Assistance Teams (to your office for packaging volume foreclosures).
Coordinate National Non Judicial or Judicial Foreclosures.
Act as Substituted Trustee in CA, NV.
California Declaration of Compliance.
Designated CA, NV phone Sale Line and web site for outside foreclosure inquiries.
Act as Agent for your CA, NV Trustee upon qualification.
Geographic Area
Foreclosure Services are available nationally.
For questions or additional information, please CLICK HERE.
