Direct Source Entry and Review

In California, Arizona, Nevada, Washington, Oregon and Texas, we work closely with lenders/servicers to handle all foreclosure referrals directly in their servicing system. We gather bidding instructions updating events, dates, sale data, etc., into the loan directly. We work through communicators, such as VendorScape and LPS Desktop, and direct access to create an automated update process that removes manual input and creates the speed and efficiency our clients expect. Bankruptcy and loss mitigation can also be handled through the direct source process and we work with the lender/servicer on parameters and expectations. Timelines and performance are measured carefully and consistently by client internal metrics and regularly shared with us.

What do we offer?

  • All access is controlled by the client and requirements are set prior to our updating processes.
  • The client assigns a single liaison for our files and we direct questions to this contact, keeping staffing levels down on foreclosed loans. Because the direct source process puts much of the maintenance and tracking responsibility on us as the trustee, this also eliminates the need for outsourcing.
  • All types of direct source options are available for foreclosure.

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First American's National Default Title Services

First American's National Default Title Services



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