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PRESS RELEASE


Publication Helps Lenders Understand Laws

Joint effort provides lenders legal content support services

 
EAGAN, Minn. -- (March 7, 2007) -- AllRegs ( www.allregs.com), the leading online publisher of reference information for the residential mortgage lending industry, announced that it will offer legal content support services through Lanahan & Reilly, LLP, a leading mortgage banking law firm.

"The regulatory compliance and mortgage fraud practice groups at Lanahan & Reilley are uniquely positioned to provide compliance support to mortgage lenders through the AllRegs platform," said Rachel Dollar, CMB, chair of Lanahan & Reilley's Mortgage Banking Group and editor of the acclaimed industry web site, Mortgage Fraud Blog (www.mortgagefraudblog.com). "Lanahan & Reilley is a solution focused law firm. This partnership will allow us to make problem solving tools available to a huge segment of the mortgage baking industry that was previously underserved.”

The two leading industry organizations are joining forces to offer the Ask the Expert service to help mortgage companies clarify the overwhelming changes in federal, state and other regulations that impact the business of today’s mortgage organizations. Lanahan & Reilley will, through a premium service at AllRegs, provide clarification and guidance to the industry on such issues.

The scope of the Legal Content Support Service includes federal laws and regulations within the AllRegs Online content service, as well as specific state laws and regulations to which the client has access through their existing AllRegs subscription.

"AllRegs is excited about this alliance with Lanahan & Reilley,” said Dan Thoms, senior vice president of AllRegs sales and strategic initiatives. “The ability to provide our industry with a single source for all federal and state regulations with an enhanced ability to further understand how a company can stay compliant is just what the industry is asking for. It will provide small and mid-size companies with legal content support for questions that arise throughout their daily operations. When combined with our online single-family guidelines and forms, branch offices will have the informational resources they need to increase productivity and expedite issue resolution all at a very reasonable and predictable cost.”

To subscribe or learn more about the Ask the Expert service, AllRegs Standard, Premium, or Platinum Single Family Lending Package, or other products and services, visit www.allregs.com or contact Dan Thoms at (651) 289-4801 or dthoms@allregs.com.

SOURCE: AllRegs
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