Mortgage Services
Davis Lawyers has a practice group which specialises in assisting money lenders.
Services available from this group include:
Recovery - Our recovery team is a multi-disciplinary teams, which
embraces a unique approach. Whilst we have senior lawyers who are well
versed in traditional legal recovery techniques, our success stems from balancing
lawyers and commercial negotiators with a background in commerce. Our approach to
recovery is to systematically dismantle each file, identify the obstacles and formulate
the most effective route for safe exit. This includes an independent assessment
of the real current market values of securities, liaising with borrowers, real
estate agents, valuers and property acquisition groups. In addition, we realise that
in a majority of cases, the best exit strategy for some mortgagees is for the borrower
to refinance. For this approach, we have access to an extensive broker network and finance groups
which can fast track most refinances and we monitor the refinance process very closely.
Capital raising and corporate compliance - We prepare and advise
on prospectuses, financial services guides, authorised representative appointments
and AFLS compliance issues. We are very familiar with the issues that face short
and long term lenders when dealing with rating agencies and trustees and are able to assist
in corporate structuring.
Loan and security documentation - We provide state of the art loan
and security documentation and offer a regular turnaround of half a business day from
the time of receiving instructions.
Web access to your file - We have an association with a major software company,
that provides a Web based IT platform, for brokers and
lenders Australia wide. All documentation and communication with lenders, brokers
and borrowers are captured on this system. The system provides a total loan book
management solution for lenders, of whatever size, with secure password login security
protocols. As such, if you choose to be part of that system, all of Davis Lawyers
documents and communications can be automatically integrated into your records and
are available via secure Web access at all times.
We offer all of these services and more on a national level.
We act for a number of lenders, whose loan books range from $500,000 to over $50
million, including public companies.