“Our clients needed a process that would allow them to more effectively manage the time and expense involved in foreclosing on an asset and realizing a recovery. We investigated all existing technology in the legal community and the financial services sector, and found that no existing technology had the features and benefits we had identified as critical to satisfying our clients’ need. As a result, Poyner Spruill pioneered e4Close™, a unique cost-efficient automated system that monitors and manages the entire foreclosure and asset disposition process.”
e4Close™ offers a seamless process for handling foreclosures and asset disposition within a single powerful tool. It is an easy-to-use web-based SOLUTION for mortgage lenders with properties approaching foreclosure. The e4Close™ application monitors and manages the entire foreclosure and asset disposition process, simplifying and streamlining the financial institution’s administrative and cost burden.
e4Close™ uses a revolutionary document automation and workflow process to speedily foreclose upon a distressed property and leads to the ultimate disposition of that asset by a broker within our established e4Close™ broker network. Throughout the process, you have extraordinary access to information to provide real-time tracking, inquiry and reporting capability.
e4Close™ is currently available in North Carolina, and is wholly owned and developed by the law firm of Poyner Spruill.
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