Pierce and Associates, P.C., [1] one of Illinois’s oldest and largest law firms in the mortgage default industry recently announced that it will be celebrating its 41st anniversary on April 1, 2016.
The firm was founded on April 1, 1975 by Denis Pierce as its sole employee. According to a news release, the firm now employs over 300 people and represents over 100 mortgage lending and servicing companies.
“The most rewarding part of being with the firm is the people and partnerships we have come to know and represent," Pierce stated. "We are truly thankful for the support and confidence our clients have placed in us over the past 41 years, and we look forward to many more years of service to the mortgage banking community.”
In the current environment, Pierce and Associates continues to expand its expertise by employing some of the most experienced legal minds in the industry. Jill Rein, Lee Perres, and Andrew Nelson, the current managing attorneys of the firm, indicated that they are confident about what the future holds for the firm.
Rein noted, "We are all looking forward to the future and the next 40 plus years at Pierce and Associates. It is exciting to continue to partner with our clients, creating innovative solutions in the ever changing and challenging environment our industry is facing.”
Perres and Nelson added, "As we honor our 41 years serving the industry, we are ready to meet the challenges that time will bring for the next 40 plus years.”
The firm continues to invest in advancing its technology and has implemented customized solutions to improve interfaces with its clients, suppliers, and third-party partners.
"Pierce and Associates has been at the forefront of the industry over the last 41 years, and we continue to position ourselves for the future," the company stated. The firm is committed to protecting the confidentiality of client information, and has security procedures designed to exceed industry best practices and compliance standards."
“The default servicing industry has become exceedingly complex, and we believe we have developed systems, training and policies to keep up with the never ending increased complexity for many years to come," said Pierce and Associates CIO, Dave Beck.