Mortgage and Banking

Multi-Tiered, Regional Legal Team

Problem

One of California’s largest banks acquired a major mortgage servicing company, located in Austin, TX. The company needed fifteen contract attorneys in place at its North Austin facility as soon as possible to begin work in connection with the mortgage foreclosure crisis. Subsequently, this company realized that it would also be in need of a team of notaries and legal secretaries.

 

Solution

The company’s outside counsel, an international law firm with which Legalpeople has worked numerous times, recommended Legalpeople’s Houston office to assist with the planning and implementation of an efficient solution. Our recruiters put together an outstanding team of well-matched attorneys in the Austin area, and they were able to begin working on site within two days. The next day the company asked us to supply fifteen contract notaries and legal assistants to work alongside our attorneys, notarizing and organizing documents that outside counsel was preparing for execution by employees of the mortgage servicer. We were able to provide these professionals, as well, with minimal notice.

 

Result 

Not only was the required work completed on time, but our client eventually converted several of our contract notaries and legal assistants to employees of their mortgage servicing business. We continued to add more experienced foreclosure attorneys to our contractor group, and this additional work continued for over two years.