Foreclosure Trustee Services
Old Republic Default Management Services (ORDMS) offers full service residential and commercial foreclosure processing. ORDMS' process provides the convenience of a single point of contact and the security of knowing that the investment will be effectively and expeditiously processed in accordance to state regulations and investor guidelines.
ORDMS' client/borrower-centric services include bi-directional systems integration to all major technology service providers with adherence to all FHA/VA and GSE guidelines. We recognize and are supportive of lenders’ efforts to assist borrowers in retaining home ownership. ORDMS currently provides Foreclosure Trustee services in California, Arizona, Nevada and Washington.
Services include:
-
Prepare and execute a declaration of default
-
Prepare and record notices of default
-
Order and review of Trustee’s Sale Guarantees
-
Title Curative
-
Process all mailings
-
Prepare and record assignments
-
Prepare and record substitutions of trustee
-
Order and obtain signed documents
-
Prepare and record notices of trustee’s sale
-
Prepare and record trustee’s deed
-
Disbursing surplus funds, if applicable