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Statebridge Teams with AFN to Establish Select Attorney Network

""Statebridge Company"":http://www.statebridgecompany.com, a Denver-based specialty servicer, has partnered with the ""American Legal & Financial Network"":http://www.e-afn.org (AFN) to establish a 50-state network of mortgage banking attorneys to assist Statebridge with its loan servicing efforts.


According to a statement from Statebridge, the company was founded on the principle that a combination of technology, industry experience, custom borrower touch, and a contrarian view of servicing makes a positive difference in the performance of mortgage portfolios.

""We built this operation from the ground up with one thought in mind: What is best for the investor and fairest


to the borrower?"" explained David McDonnell, managing director of Statebridge. ""While there are many legal providers in our industry today, membership within Statebridge's Select Attorney Network verifies the attorney is 100 percent committed to that business philosophy and our high-touch approach.""

As part of Statebridge's servicing model, specialists are assigned to an individual loan throughout its lifecycle and become the primary point person for the lender and borrower alike.

""We are not afraid to roll up our sleeves, dig into a loan file and gain a firm understanding of the borrower's situation to develop a successful servicing strategy that meets our client's requirements,"" McDonnell said. ""We look for the same type of commitment we make to our borrowers and clients from the attorneys we select for our network.""

William LeRoy, president and CEO of American Legal & Financial Network, added, ""Teaming up with Statebridge and its unique approach to loan servicing affords our member attorneys the opportunity to excel in all that they do. By working in concert with the Statebridge team we can help to raise the mortgage loan servicing industry's bar in risk avoidance, quality legal services, and overall excellence.""

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.

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