Telecom Signaling Industry News

TMCNet:  Brock & Scott, PLLC transforms compliance of Foreclosure Sales in North Carolina and Tennessee through Verifyd technology

[April 28, 2014]

Brock & Scott, PLLC transforms compliance of Foreclosure Sales in North Carolina and Tennessee through Verifyd technology

WINSTON-SALEM, N.C. --(Business Wire)--

Brock & Scott, PLLC announced today a partnership which will usher in a new era of compliance to the foreclosure sale process. Teaming up with the Atlanta-based software company Verifyd, Brock & Scott will continue to bring improved compliance and protection of the borrowers' rights by moving the sale day process from paper to mobile device platforms. The Verifyd mobile application suite allows users to conduct the sales on smart phones and iPads instead of the archaic method of paper and pen, which until now has been the industry standard.

"We are moving the foreclosure sales process from the stone age to the cyber age," says Michael Watkins, Verifyd Founder and CEO. "Our Verifyd mobile platform protects the borrower's rights, ensures the legality surrounding every foreclosure sale and as an added benefit saves time and money for all parties involved." Brock & Scott COO Michael Gunter reflects: "We were initialy exposed to Verifyd after witnessing firsthand how effectively the Verifyd Mobile platform handled the foreclosure work of our recently acquired firm Shuping, Morse and Ross, LLP. It became immediately clear that both Verifyd and Brock & Scott share a passionate commitment towards setting the standard for compliance and the protection of borrowers' rights. We are excited to look ahead towards expanding the use of this game changing technology into North Carolina and Tennessee."

Verifyd's technology has been in use for more than 24 months in Georgia, and has already processed more than 20,000 foreclosures totaling more than $1.4 billion.

Founded in 1998, Brock & Scott has been a mainstay and the default services leader in the Southeast for many years with 17 offices across Maryland, Virginia, North Carolina, South Carolina, Tennessee, Georgia and Florida. The firm is committed to providing exemplary in-house service to their clients with a comprehensive suite of practice area offerings covering foreclosure, bankruptcy, eviction, litigation, REO, loss mitigation and collection services. They maintain scalability within their servicing model so clients' volume needs are consistently realized, while preserving quality control in their processes to deliver legal service with the utmost integrity and operational efficiency. A strong focus on compliance and regulatory requirements within each practice area allows Brock & Scott to stay ahead in a constantly changing environment.

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