DS News

March 2017 - Tools of the Trade

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM 59 Default Title Directory SPECIAL ADVERTORIAL SECTION Vendor Connect, LLC KEY PERSONNEL Steve Melmet, Esq. CEO Scott Brooks, Esq. COO Ashley Jennings Director of Operations Amy Lippold REO Manager Brad Yamada Title Curative Manager CORPORATE DETAILS: 1920 Main St., Suite 755, Irvine, CA 92614 | 714.285.2661 | TEXAS OFFICE: 4201 Cypress Creek Parkway, Suite 310 | Houston, TX 77068 | 832.783.9221 | VendorConnectLLC.com CORPORATE PROFILE: Vendor Connect has been assisting loan service and asset management companies since its inception in 2004. The primary focus of Vendor Connect has been to increase its client's REO closing ratios so they receive maximum return on their investment while turning non-performing assets into performing ones. BUSINESS LINES, SERVICES, AND PRODUCTS: » Nationwide, unique, and only fully trained national network for reverse mortgage REO and originations » REO closing and closing management—forward and reverse mortgages » REO title curative services—forward and reverse mortgages » Deed-in-lieu closings and title curative—forward and reverse mortgages » Short sale closings and title curative—forward and reverse mortgages » Vendor Connect has conducted thousands of REO closings and title curative work throughout all 50 states and Puerto Rico. BUSINESS SCOPE: Vendor Connect is a one-stop national resource for all vendor needs in connection with REO title and closing for forward and reverse mortgages throughout the U.S. By utilizing the services of Vendor Connect, servicers obtain the benefit of the maximum number of closings in the shortest period of time. The staff of Vendor Connect is uniquely trained to deal with title issues that would otherwise cause a sales transaction to delay or fail to close. Vendor Connect works with title and closing service providers who are "Best in Class" in REO and origina- tions. They manage the entire process so that their clients can spend their time more effectively on increas- ing their margins and revenue. "I have had the pleasure of working with Vendor Connect for over two years now, and considering I work with 10 vendors, I can honestly say they are bar none the most proficient, professional, and result-obtaining team I have had the pleasure to work with during my three-year position as the closing manager for our client VA." —Lisa Kelley, Operations Manager/VA Closing Department, VRMCO "Working with Vendor Connect has been a pleasure! Being able to work with an organization who understands the demands of both the local closing process, as well as the needs and time restraints of the servicers, has been an awesome experience." —Jim Moran, CEO, First International Title, Inc. "I have been fortunate to be affiliated with Vendor Connect since its formation in 2008. Scott, Steve, and the company have unique knowledge in handling forward and reverse REO closings and title curative issues in Illinois and throughout the country. Their national network approach to closings and title curative has been very helpful in that it allows the Vendor Connect network to exchange ideas to better service their and our clients." —Stuart Kessler, Attorney at Law, Law offices of Stuart Kessler, PC States Served Irvine, California Corporate Headquarters

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