Timeline templates have managed to convince an entire industry that it is
possible to manage legal process without actually practicing law.
This isn't only a shame, its a critical mistake
that we believe has cost servicers, investors, and trustees very tangible
returns on their investment.
An attorney possesses unique training, knowledge, and a background
in legal process. Retaining
an attorney to manage the legal aspects of occupied REO not only provides benefits in the quality of the management services,
but it also helps control exposure to various and complex sources
of risk. An attorney can make informed and reasoned decisions about how to proceed
in a manner designed to best protect a client's interests - particularly when faced with claims involving legal risk, negative PR risk, political realities, etc. - decisions
that aren't apparent from simply reading a timeline template.
In this industry, everyone claims to have the best people for the
job. Truth is, the best people for
managing and performing occupied REO legal work are lawyers - proven attorneys
who have the requisite training and experience to understand the
law at a level even the most longstanding of non-lawyer asset managers/eviction
specialists do not.
It's never easy to challenge industry perceptions, but we've been
in this business long enough to have proven our worth to our clients
time and time again. Isn't it time lawyering was left to the
lawyers?