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Guardian Sees Servicing Arena as a Growth Opportunity.(Brief article)

Mortgage Servicing News

| December 01, 2007 | COPYRIGHT 2007 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

Lakewood, CO -- Guardian Mortgage Services, a division of Guardian Mortgage Documents, hopes to play an expanding role in helping clients manage loan servicing issues in todays market.

While the companys primary focus has been on helping lenders manage document processes on the origination side of the industry, Guardian sees growing demand to help servicers manage what is expected to be a rising volume of loan modifications.

Jonathan Kunkle, vice president of GMS, said that the company has experts on staff who bring servicing related talents to bear in the loan modification process.

We have people on our staff who are not only experts in closing and post-closing, but also in title, and thats really beneficial when you are looking at the chain of command on that title, Mr. Kunkle said.

That helps to ensure that GMSs clients can accurately close the modified loan. Loan modifications are often used to avert foreclosure on loans that have become seriously delinquent or gone into default.

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