FOR IMMEDIATE RELEASE –2/1/2008 Portland, Oregon: With foreclosures on the rise, predicted to grow up to 1.4 million in 2008, banks are now being forced to deal with the foreclosure crisis head on.
While most banks continually attempt to manage the rash of foreclosures as they have for years, a national foreclosure workout expert has created an innovative process for helping these ailing banks deal with this large volume of foreclosures in a more efficient and effective manner. “These banks are in trouble. As Bernanke recently said, this cannot be addressed on a ‘onesey-twosey’ approach. There has to be a comprehensive and efficient plan in place”, remarks Mark Hughes, President of Virtuosity Unlimited, LLC.
The traditional foreclosure plan that banks follow is based on bank manpower dealing with foreclosures one by one. This is effective under normal foreclosure rates; however, it becomes extremely ineffective and costly when in extremely high foreclosure times such as today. According to Mark Hughes, “Banks need to step back and look at this situation from a macro approach. How can they effectively deal with a large number of foreclosures in a cost effective, efficient, and personal manner that not only cuts their costs… but actually increases customer loyalty in the process?”
Virtuosity Unlimited, LLC, a national Foreclosure Workout firm catering exclusively to banks, has created an innovative approach to helping these banks successfully navigate the foreclosure tidal wave. “We’ve created a program that is like none other in the country. Banks now have a truly comprehensive all-in-one solution that not only enables them to please their shareholders, but also enhances the integrity of the bank and builds customer loyalty”, shares Hughes. Virtuosity Unlimited, LLC has created a unique solution that blends foreclosure workout specialist services on a macro scale with personalized service to banks and the borrowers on a micro scale.
Virtuosity Unlimited, LLC is a national foreclosure workout specialist and PR expert with over 65 years of combined experience.
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If you would like more information about their unique Foreclosure Workout Specialist and integrated Public Relations services for banks, or to schedule and interview with Mark Hughes, please call 866/439-4877 or visit www.virtuositypro.com . |
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