SOURCE: We Save Homes, Inc.

June 17, 2010 13:03 ET

We Save Homes, Inc. Announces New Business Strategy and Becomes Servicers Direct

Launches New Website: www.servicersdirect.com

ANAHEIM, CA--(Marketwire - June 17, 2010) -  We Save Homes, Inc. (OTCBB: WESA), a company that provides a full-range of products and services for commercial and residential mortgage servicers throughout the nation, today announced that the Company has begun to market itself under a new name, Servicers Direct. The Company believes that operating under this new name more accurately and effectively represents its services and new business strategy.

Mr. Robert Schaefers, President, stated, "We are pleased to announce our new name, Servicers Direct. Our Company has changed and so should our name. Our focus is now centered on providing a full-range of products and services for commercial and residential mortgage servicers throughout the nation. We are now poised to experience significant growth in the specialist mortgage market by focusing on providing the following offerings: REO Management and Servicing, Property Preservation, Property Inspections, Licensed Independent Escrow Services and Short Sale Processing and Negotiations."

The Company plans to formally change its name when it seeks shareholder approval at its annual shareholders meeting later in 2010. In connection with its proposed solicitation of proxies for the annual meeting, the Company will file with the SEC a proxy statement which, among other things, will describe the proposal. The filing of the dba will not affect the validity or transferability of any existing stock certificates that bear the We Save Homes, Inc. name. 

The Company also announced today the official launch of its new website, www.servicersdirect.com. The new website conveys Servicers Directs vision, product offerings and commitment to the growing needs of its customers in the commercial and residential mortgage industry. Robert Schaefers commented, "We are excited about the launch of our new website, which will function as a highly informative marketing and corporate information tool for customers, partners and shareholders."

About Servicers Direct

Servicers Direct provides a full-range of products and services for commercial and residential mortgage servicers throughout the nation. The Company's regulatory-compliant default management solutions save time, eliminate errors, and increase efficiency. These solutions include:

  • REO Management and Servicing: servicing Real Estate Owned (REO) properties.
  • Property Preservation: ensuring that unoccupied properties are quickly secured and remain adequately protected throughout the default process. This segment also includes Home Rehabilitation Services: transforming a neglected property into a marketable property quickly, efficiently and cost-effectively. 
  • Property Inspections: offering nationwide commercial and residential inspection services, including 24-hour rush and Saturday service.
  • Licensed Independent Escrow Services -- an independent escrow corporation serving escrow needs throughout California.
  • Short Sale Processing and Negotiations: identifying borrower candidates to list properties, streamlining and expediting the Short Sale process. A short sale is the sale of property where the sale proceeds fall short of the balance owed on the property's loan.

Servicers Direct utilizes advanced technology solutions to streamline and simplify the default management process. The Company meets the specific needs of commercial and residential mortgage servicers throughout the nation through a technology portfolio, which includes:

  • Mitigation software -- which ensures fast and efficient load modifications according to FDIC and HAMP regulations
  • Document management and processing -- which is a regulatory-compliant system to enable mortgage servicers to overcome the inefficiencies and high costs of conventional document handling, while speeding and simplifying data aggregation, task management, tracking and reporting

Servicers Direct provides a turnkey, full-service solution to enhance businesses and improve customer relationships. 

The Company is committed to maximizing its clients' asset preservation while reducing costs, streamlining operations and optimizing borrower relationships. The technical solutions developed by Servicers Direct enables default mortgage servicers to meet the increasing demands of an ever-evolving and competitive economy.

This news release may contain forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements contained in this new release that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned, that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward looking statements which may be made in this release or which are otherwise made by or on behalf of the Company. Factors which may affect the Company's results include, but are not limited to, statements regarding the expected benefits of the company's name change and rebranding efforts, product demand, market acceptance, impact of competitive products and prices, product development, completion of an acquisition, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks. Additional factors that could cause or contribute to differences between the Company's actual results and forward looking statements include but are not limited to, those discussed in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Robert Schaefers
    Phone: (877) 300-9791

    We Save Homes, Inc.
    2300 East Katella Ave., Suite 300
    Anaheim, CA 92806
    Phone (877) 300-9791