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Default Services 2017-05-08T16:17:31+00:00

David A. Gallo & Associates LLP, provides lenders and loan servicers with default services for commercial and residential mortgages. We have received a no-objection letter from Fannie Mae and Freddie Mac. The Firm provides the full spectrum of the default services and loan origination with the care and attention of a boutique law firm:

  • Handling decisions to foreclose
  • Resolving title issues
  • Facilitating settlement conferences
  • Monitoring senior liens for our clients’ actions
  • Deed in lieu of foreclosure
  • Handling real estate owned (REO) and third-party closings transactions
  • Defending against lender liability claims in commercial and residential mortgages
  • Defending against preference and fraudulent conveyance actions
  • Handling relief from stay in bankruptcy and complex bankruptcy litigation
  • Handling title matters arising from successful foreclosure actions
  • Resisting cash collateral motions
  • Defending against motions to enjoin foreclosure
  • Attending court conferences and negotiating settlements on behalf of the lender
  • Assisting in repayment plans
  • Evictions — commercial and residential
  • Collections
  • Receivers in commercial foreclosures
  • Real Estate Closings

The mortgage industry is highly regulated and the laws are constantly evolving. Our attorneys are well-versed in the applicable law and use that knowledge to help our clients avoid costly delays.

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