TheMReport

Turning the Tide in Title

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link: http://digital.themreport.com/i/343616

Contents of this Issue

Navigation

Page 29 of 67

28 | Th e M Rep o RT title Guide Special Advertorial Section Company DesCription Avenue 365 Lender Services, LLC, is a national title insurance and settlement services provider to the loan origination, loan servicing, and distressed asset industries. It provides traditional title insurance and settlement services to loan originators on a national basis as well as offering various products and services related to buying, selling, and servicing distressed and REO assets. The company has an unwavering commitment to provide every consumer, originator, investor, and servicer with an unparalleled customer experience in every transaction. It is obsessed with providing world-class service to its clients and their customers, and knows it is the best in the business. Company History Avenue 365 was founded in January 2010. The senior management team had already worked together for eight years building and managing another national title insurance agency, which was sold in 2008 and subsequently managed for the purchaser. The senior team was looking for a new challenge and an opportunity to build something— once again from scratch—that would be better than the predecessor and also offer best-in-class service, technology, compliance, and customer experiences. From that desire to "do it again, only better," Avenue 365 was born. regulatory ComplianCe Avenue 365 was one of the very first national title firms to adopt and fully comply with the ALTA Best Practices—and did so enthusiastically. "The ALTA Best Practices initiative codified and enhanced practices that we were already employing in order to be transparent, compliant, and accountable to our clients, their customers, and regulators," said company president Ryan Peterson. The company has kept a full-time compliance attorney on staff since just after inception, and regularly conducts internal compliance audits, employee training, and Best Practices reviews. Avenue 365 has already been vetted by the most rigorous standards in the industry by its underwriters (Fidelity, Old Republic, and WFG) and by servicers, banks, investors, and non-bank lending institutions. And it is already self-certified ALTA Best Practices compliant. When customers conduct business with Avenue 365, the company makes it easy for them to vet, verify, and document that it is a vendor/partner that both they and their customers can trust. Business lines, serviCes, anD proDuCts • Title insurance and settlement services for loan originators • Commercial title insurance and transaction management • REO, deed-in-lieu, short sales • Services for whole-loan trades of distressed assets • Title and collateral curative services for sale or acquisition of loan pools • Single Family Aggregation services and title insurance • Lien search, O&E, and various other search products • Government services division • Relocation services division • National "Perfect Purchase" division providing purchase services and solutions on a national scale. Key Features/BeneFits • Significant experience with national and regional mortgage lenders, banks, credit unions and HELOC lenders • Prominent exposure in the origination refinance, retail, HELOC, and purchase space with a significant client roster of lenders, banks, and credit unions • One of the only national firms with single-point- of-contact and centralized operations center for all services, all trades, all transaction types, and for all states. • Technology-driven, web-based, proprietary software for client access and reporting • Dedicated transaction management team obsessed with servicing clients and their customers Competitive aDvantage Avenue 365 is unique in that all products and services they provide to their mortgage lender and servicer customers (centralized origination and default solutions) are operationally organized under Avenue 365, including centralized national title and closing services. This allows Avenue 365 complete control and flexibility to combine these services into "lender specific" customized solutions. Avenue 365 has exceptional title and escrow closing transaction management experience; Avenue 365 brings this experience at the local and regional level into a centralized national platform with industry leading technology and highly-trained staff. Another differentiating factor is that Avenue 365 provides a streamlined team approach to account management with a National Account Manager (NAM), Executive Account Sponsorships (EAS), and a dedicated, centralized settlement team. Avenue 365 is also focused on just a few core origination products and service offerings instead of trying to be all things to every customer. Avenue365's approach has proven successful, as their national title production center orders have increased year after year. key personnel Ryan B. Peterson President and CEO Len Franco SVP, National Sales Manager Mike Allen VP Operations, Origination Services Amanda Davis Director of Compliance, Legal Counsel Brandon Rogers National Account Manager staffing 45 employees contact information 401 Plymouth Road Ste. 550 Plymouth Meeting, Pennsylvania 19462 877.365.AVEN info@avenue365.com avenue365.com Avenue 365 Lender Services, LLC

Articles in this issue

Links on this page

Archives of this issue

view archives of TheMReport - Turning the Tide in Title