Foreclosure, Servicing, Loan Docs for Private Mortgage Lenders in California & Nevada
PLM Foreclosure Services
PLM Lender Services, Inc. is a company designed to simplify your delinquent loan servicing needs. With years of experience, financial strength, state of the art automation and highly professional personnel, we are dedicated to giving our clients customized service that will not only meet but exceed their needs.
The proper processing of foreclosures requires expertise and professional care. With over 20 years of experience in performing non-judicial foreclosure actions, PLM understands the special needs of today’s real estate lenders. The hallmark of PLM’s Service is rapid and comprehensive delinquent loan processing for the institutional and private lender. PLM’s highly trained staff provides professional representation and competent attention to detail throughout the foreclosure process. Along with personalized service from PLM, you enjoy the added safety of dealing with a corporation whose financial strength and reputation are unparalleled in the delinquent loan recovery industry.
- 24-hour service on notices of default
- Weekly status reports
- Errors and omissions coverage
- Special corporate credit arrangements
- Complete legal service specializing in bankruptcy releases and assignment of rent actions
- In-house brokerage department to handle REO management and resales
- Seminars for your staff to discuss recent foreclosure and bankruptcy law
PLM Loan Servicing Center
Outsource your real estate loan servicing to a fully insured, independent loan servicing corporation which has a proven track record in the performing / non-performing loan servicing business. Our highly trained staff provides professional representation and excellent attention to detail throughout the life of the loan.
- Mailing to borrower of introduction letter, loan payment coupons and servicing standards
- Collection of monthly payments and payoffs from borrowers and disbursements to investors
- Mailing of late notices to borrowers and maturity notices on all loans
- Preparation and submission of payoff demands and requests for full reconveyance
- Tracking of status of fire insurance and delinquent senior loans; notice to borrowers and letters to investors when action is required
- All telephone and written communication to borrowers and investors
- Referral to foreclosure department – upon investor approval
- Referral to legal staff of all files in which the trustor files bankruptcy or an assignment of rent action is required – upon investor approval
- Preparation and filing of required 1099’s and 1098‘s to the IRS and annual statements
- Providing on-line access to lenders’ accounts 24/7 via a secure internet server
PLM Loan Document Preparation
PLM Lender Services, Inc. understands the unique needs of the private money broker. We have designed our services with your business in mind. Our highly trained staff will provide you with competent attention to detail.
In an industry where computerization has replaced personal review of documentation, PLM believes it is invaluable to use expert personal service to assure accuracy of loan documents. PLM utilizes an audit system which assures our client accurate documentation. With years of experience, PLM has seen many changes in compliance laws. PLM is here to assist the broker with the compliance of their loans and the validity of their files.
- Next business day delivery of loan documents *
- Multi-lender documents
- Multi- property documents
- HELOC documents
- Construction loan documents
- Continual review and update of documents
- Custom language inserts upon request
- Custom documents available
- Compliance seminars available
*on most orders, if we receive a complete order by 4:00 on a business day, documents shall be released by the next business day. There are occasions, however, due to fullness of queue, complexity of the orders ahead of yours or complexity of your file, that it may take until the next business to send documents.
PLM Real Estate Services
PLM Real Estate Services offers a unique “total service” REO liquidation package. Using proven marketing strategies, PLM’s staff will strive to obtain the highest possible price for all of your REO properties in the least amount of time.
PLM Lender Services, Inc. together with its sister company, PLM Loan Processing Center, Inc. offer to their clients a wide variety of real estate related services. Managing foreclosures and loan servicing since 1982 and loan origination documentation since 1994, PLM continues to prove itself to be a strong, reliable and knowledgeable outsource service. PLM is the company people use not only when they are novices in the industry, but also when they are well versed in the business but difficult situations arise and may need answers or guidance.
The services available through PLM include our foreclosure service (all types of properties, including residential, commercial, land, etc.),pre-foreclosure service, loan servicing for privately held loans (real and personal property), loan document drawing (broker originated loans and private investor originated loans), assignment preparation, reconveyance preparation and real estate sales services (sales and REO management). In addition to these services, PLM also has a knowledgeable and entertaining speaker available to give seminars at no charge regarding foreclosure, loan servicing and loan origination.
The personnel at PLM understand the needs of our clients. We see ourselves as an extension of your firm and know the importance of customer relations. Prompt, knowledgeable, courteous service is the hallmark of PLM. To work professionally and courteously with both borrowers and lenders allow for maximum cooperation between borrowers and lenders on difficult accounts. Additionally, we continue to remain at the forefront of the industry with our in-house technical support and referral sources to rapid and reliable legal assistance.
PLM Lender Services, Inc. – CA DRE Broker License #01125529, NMLS ID 322482
PLM Loan Processing Center, Inc. – CA DRE Broker License #01858761, NMLS ID 945371
- California Mortgage Association
- United Trustees Association
CA DRE Broker - 00826932
NMLS - 322095
Real Estate / REO Department
CA DRE - 01021877
CA DRE - 01215238
Loan Servicing Department
Loan Document Drawing Department
Contact PLM Lender Services, Inc.
Contact PLM Lender Services, Inc. by whichever method you choose. There is no fee for making contact, they pay us to be listed here. If you submit an email message, it will be sent to the company, and they will reply to you directly. A copy will be saved in our database.