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CBC Now Offers Foreclosure Services.(CBC Cos.)

Mortgage Servicing News

| October 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CBC Companies here has added foreclosure services to its bundle of mortgage offerings with the recent acquisition of five related default servicing companies.

CBC said the acquisitions support the company's goal to be a national leader in mortgage services. The deals include:

* Symetrix, a nationwide network of attorneys and servicing professionals who focus on default servicing needs of the mortgage banking industry.

* Publications Services, a foreclosure publication provider that enables mortgage lenders to comply with California foreclosure regulations by posting notices of default or trustee's sale.

* Specialized Inc. of California, a foreclosure provider specialized in meeting California, Arizona, Nevada and Oregon regulations.

* Specialized Inc. of Virginia, a foreclosure firm specializing in Virginia regulations.

* Specialized Inc. of Washington, which provides the same services and expertise in Washington state.

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