RCO Services
We routinely advise our clients regarding matters involving the management, marketing
and sale of REO properties. Our litigation staff defends financial institutions
against lawsuits filed by purchasers of REO properties with regard to alleged defects
in the property or other buyer dissatisfactions.
Commercial Real Estate
The firm represents financial institutions in all matters related to commercial
real estate and commercial real estate finance. From the documentation and closing
of new loans to the workout or foreclosure of problem loans, the firm is singularly
prepared to meet the needs of the most sophisticated lenders and servicers. The
firm routinely addresses matters involving real estate law, including condominium
issues; condemnation; syndication, including limited partnerships; title disputes;
and injury to land.
Escrow
Routh Crabtree Olsen, P.S. acts as an escrow closer for a variety of property transactions
ranging from simple refinance to complex purchase and sale. We are equipped to handle
escrow for a high volume of transactions and have the expertise to handle complex
financing. We take pride in ensuring that the parties are fully informed during
the closing process. We take the time to work with the buyer and the seller to explain
the process so that in the end, both parties are satisfied and the transaction is
completed in an expeditious and efficient way.
Compliance
Routh Crabtree Olsen, P.S. assists financial institutions and mortgage lenders in
complying with federal and state licensing and regulatory requirements including
Consumer Credit Protection statutes and related regulations such as the Truth-in-Lending
Act; the Real Estate Settlement Procedures Act; the Equal Opportunity Act; the Fair
Debt Collection Practices Act; the Fair Credit Reporting Act; and HOEPA. The firm
also provides advice and counsel on Alaska, Arizona, California, Hawaii, Idaho,
Montana, Nevada, Oregon and Washington state statutes and regulations, with admission
soon pending in Utah.
Insurance
We regularly represent our clients on issues involving mortgage insurance, private
credit insurance, title insurance and liability insurance. We have frequently negotiated
and litigated claim denials by mortgage insurance companies, title defect issues
with title insurance companies, and claims under general liability and hazard policies
concerning damage to REO or mortgaged property.
Education
In addition to providing legal services to our clients, we also strive to keep our
clients abreast of current developments in the areas in which we practice. Accordingly,
we provide courtesy in-house seminars to our clients upon request. The seminars
are structured according to our clients’ needs.
Loss Mitigation
When foreclosure seems like the only legal avenue available to recover a client’s
financial investment, loss mitigation solutions provide viable alternatives that
benefit both the client and the borrower. Routh Crabtree Olsen, P.S. offers loss
mitigation services as a cost-saving measure to offset the rising expenses connected
with poor or non-performing loans. Loss mitigation alternatives we offer include
deed-in-lieu of foreclosure transaction, forbearance payment plan, loan modification
or assumption agreement, debt dispute resolution and pre-foreclosure short sale.
We handle judicial foreclosure (residential and commercial/multifamily), commercial
real estate finance, receivership and title curative issues. We evaluate each case
individually to determine which alternative best suits our clients’ needs. We also
streamline the process by handing related documentation, such as excise tax affidavits
and recording all necessary documents with the local authority. With our vast knowledge
of county-by-county nuances, we possess the experience necessary to effectively
process from beginning to end all of your loss mitigation needs.
Bankruptcy
Routh Crabtree Olsen, P.S. maintains a dynamic bankruptcy practice, routinely representing
creditors in Chapter 7, Chapter 11, Chapter 12, and Chapter 13 bankruptcy proceedings.
Our bankruptcy attorneys and staff also handle substantial bankruptcy litigation
and other bankruptcy-related issues. Our bankruptcy attorneys are leaders in the
bankruptcy community and frequently write and speak on bankruptcy topics. Our bankruptcy
staff is experienced, capable and alert to the needs of institutional clients in
the bankruptcy setting.
Evictions
Routh Crabtree Olsen, P.S. successfully handles many eviction proceedings each year
in a time-efficient manner. Our eviction department is highly skilled in post-foreclosure
evictions, commercial evictions, landlord tenant evictions, negotiation of cash
for keys agreements and stipulated judgments. The department works to successfully
resolve all cases as quickly as possibly without the need for prolonged litigation.
Litigation
Our litigation attorneys and staff successfully handle routine and complex mortgage
and real property litigation on behalf of lenders, servicers and investors. We are
experienced in efficiently handling judicial foreclosures and suits on the note
as well as more complicated wrongful foreclosure defenses, Real Estate Settlement
Procedures Act (RESPA) claims, fraud claims, unfair trade practices defenses, title
disputes, REO contract disputes and bankruptcy litigation.
Our litigation attorneys are leaders in the industry and highly experienced. In
addition, our experience in systems organization enables us to move litigated cases
along in a rapid fashion.