Mortgage Servicing

Overview

Mortgage servicers operate under intense scrutiny from regulators, investors, and consumers. Adams & Reese provides the legal insight and strategic counsel they need to navigate this complex landscape with confidence. With a presence across the Southeast – home to many major bank headquarters – and an office in Washington, DC, Adams & Reese and its attorneys and advisors well-positioned to advocate for and support mortgage servicers at every stage.

BROAD INDUSTRY EXPERIENCE

Adams & Reese mortgage attorneys advise banks, mortgage services, non-bank lenders and other financial institutions with a focus on residential mortgages. We also counsel credit unions, servicing platforms, and loan/debt sellers and purchasers. Our clients operate across the full mortgage lifecycle – from origination and servicing of loans to default, foreclosure, and property sales. We handle matters involving conventional, reverse, construction-to-permanent, government-insured mortgages, among others.

NAVIGATING REGULATORY CHALLENGES AND DISPUTES

The shifting maze of industry standards and regulations at the state and federal levels creates legal challenges for mortgage servicers. We stay ahead of CFPB, FHA, and HUD developments via our DC office, and track evolving state-level regulations through our regional offices, industry research, and active involvement in organizations such as the Mortgage Bankers Association and Conference on Consumer Finance Law. 

When conflicts arise, Adams & Reese attorneys identify and analyze issues, negotiate efficient settlements, or pursue effective litigation. We defend clients in lawsuits brought by consumers – whether class-action or individual – and represent clients in repurchase issues, counterclaims, property preservation matters, lender-insurer disputes, post-foreclosure service-borrower conflicts, evictions, and more. Our colleagues in Litigation and Bankruptcy provide additional support as needed.

DEFINING STRENGTHS

• Borrower disputes
• Class actions
• Regulatory inquiry responses
• Origination and servicing compliance
• Consumer litigation
• Default servicing and foreclosure issues
• FHA, HUD, VA, Fannie Mae, Freddie Mac and other investor guidelines
• Creditor rights in bankruptcy, probate, or condemnation Proceedings
• Title defect claims and disputes
• Property loss and insurance disputes
• Loan and debt purchase transactions
• Defense and prosecution of mortgage repurchase claims
• REO, code violation, and property preservation issues