Legal Counsel That Understands the Lending Business
For banks, mortgage lenders, credit unions, mortgage companies, and other financial institutions, a real estate closing is more than a legal transaction. It is also a funding event, a compliance obligation, a vendor relationship, and one of the final customer experiences in the loan process.
At Ligris, we represent national, regional, and local lenders in residential mortgage closings throughout Massachusetts, New Hampshire, Maine, Rhode Island, and Connecticut, as well as in commercial real estate transactions throughout Massachusetts. Many of our attorneys and operations professionals have worked inside banks and mortgage companies, giving our team firsthand insight into lender operations, documentation requirements, deadlines, compliance expectations, and customer service.
Keep Transactions Moving
Lenders need closing counsel who can execute accurately, communicate clearly, and keep pace with the transaction. Ligris is approved to conduct closings for some of the nation’s largest lenders and works with banks, mortgage companies, credit unions, and mortgage brokers on residential mortgage closings in Massachusetts, New Hampshire, Maine, Rhode Island, and Connecticut, as well as sophisticated commercial real estate financing in Massachusetts.
We understand lender instructions, documentation standards, funding deadlines, title requirements, and the countless details that have to come together before a transaction can close. When an issue arises, we do more than identify the problem. We work with the parties to solve it and keep the transaction moving toward closing.
Support Title and Settlement Operations
Lender-side title needs often extend beyond an individual purchase or refinance. Through our Title & Settlement Services practice, we support lender equity-line programs, title-curative matters, mortgage discharge and release issues, title rundowns for construction disbursements, title insurance and other recurring title needs.
Whether the assignment involves a high-volume residential program or a complex commercial transaction, our goal is the same: accurate title work, practical problem-solving, responsive communication, and a closing process that supports the lender and its customer.
Through our sister company, ACES Title Agency, LLC, lenders and real estate clients can also access title, settlement, and closing services in New York and Florida, extending our ability to support multi-state relationships.
We work with banks and lenders on:
- Residential purchase mortgage closings in Massachusetts, New Hampshire, Maine, Rhode Island, and Connecticut
- Title, settlement, and closing services in New York and Florida through ACES Title Agency, LLC
- Residential mortgage financing and refinancing
- Commercial real estate financing and commercial loan closings
- Title examination, title insurance, endorsements, and policy issuance
- Home equity and equity-line title support
- Title curative work and mortgage discharge or release issues
- Title rundowns for construction disbursements
- Closing documentation and settlement services
- Commercial real estate acquisitions, refinancing, title, and due diligence
- Lender closing instructions and funding requirements
- Lender compliance, SOC 2 Type II compliance, vendor vetting, and assessment processes
- Information security and safeguarding sensitive borrower and transaction information
Stay Ahead of Compliance and Security Requirements
Today’s lending environment requires careful attention to compliance, documentation, cybersecurity, and the handling of sensitive information. Ligris is SOC 2 Type II compliant and maintains written policies, procedures, and security controls designed to address applicable Consumer Financial Protection Bureau (CFPB) requirements and American Land Title Association (ALTA) best practices, safeguard sensitive client and transaction information, and support lender vendor-management expectations.
We understand that lenders evaluate third-party service providers on more than legal ability. SOC 2 Type II compliance, operational controls, responsiveness, information security, documentation, and the ability to participate in lender vetting and assessment processes all matter. Our goal is to make that due diligence straightforward and give lender operations and compliance teams confidence in the relationship.
Navigate Commercial Lending and Real Estate Transactions
Commercial lending can involve significantly more than a mortgage and a closing date. Our attorneys represent lenders and other transaction participants in commercial real estate matters involving acquisitions, refinancing, development, leasing, title, due diligence, and related financing considerations throughout Massachusetts.
When a financing also involves business, tax, title, leasing, or creditors’ rights issues, attorneys and tax professionals across Ligris can collaborate to help identify overlapping concerns and keep the legal strategy aligned with the lender’s broader objectives.
Protect Lender Interests When Loans Default
The lender relationship does not always end at closing. When a loan becomes distressed or a borrower defaults, our Creditors’ Rights – Default Servicing team helps banks, lenders, and other creditors evaluate options and protect their interests.
Our attorneys advise on loan modifications and debt restructurings; residential and commercial mortgage foreclosures; secured and unsecured claims in bankruptcy; REO property dispositions; post-foreclosure possession matters; title and lien-priority issues; and other default-servicing matters. This allows lender clients to access coordinated support from origination and closing through enforcement and disposition when necessary.
Why Ligris for Banks & Lenders?
Lenders need legal partners who understand both the law and the operational realities of the lending business. Our combination of multi-state residential closing capabilities, Massachusetts commercial real estate experience, lender-side industry knowledge, title and settlement services, default-servicing experience, operational infrastructure, SOC 2 Type II compliance, and focus on information security allows us to approach matters from the lender’s perspective. Through ACES Title Agency, LLC, our title and closing platform also extends to New York and Florida.
Just as importantly, we understand that the closing is part of the lender’s customer experience. We work to protect the lender’s interests while providing borrowers with clear communication, responsive service, and a professional closing experience. The goal is a smooth transaction for everyone involved – and a borrower who walks away feeling good about the lender that got them there.
FAQs
What legal services does Ligris provide to banks and mortgage lenders?
Ligris represents banks, mortgage lenders, credit unions, mortgage companies, and other financial institutions in residential and commercial real estate transactions. Services include mortgage closings, refinancings, commercial lending, title and settlement services, title-curative work, lender compliance support, and creditors’ rights and default-servicing matters.
Where does Ligris handle residential mortgage closings?
Ligris conducts residential mortgage closings for national, regional, and local lenders in Massachusetts, New Hampshire, Maine, Rhode Island, and Connecticut. We coordinate with lenders, borrowers, loan officers, processors, mortgage brokers, real estate professionals, and other transaction participants throughout the closing process.
Can Ligris support title and closing services in New York and Florida?
Yes. Through our sister company, ACES Title Agency, LLC, lenders and real estate clients can access title, settlement, and closing services in New York and Florida.
Can Ligris support home equity and lender title programs?
Yes. Our Title & Settlement Services team supports lender equity-line programs and other recurring title needs, including title examination, title insurance, title-curative work, mortgage discharge and release issues, and title rundowns for construction disbursements.
Does Ligris represent lenders in commercial real estate financing?
Yes. Our attorneys advise lenders on commercial real estate financing and transactions involving acquisitions, refinancing, development, leasing, title, due diligence, and related closing matters.
Can Ligris help when a borrower defaults on a loan?
Yes. Our Creditors’ Rights – Default Servicing team advises creditors on loan modifications, debt restructurings, residential and commercial mortgage foreclosure, bankruptcy claims, REO dispositions, post-foreclosure possession, title issues, and other default-related matters.
How does Ligris address lender compliance and vendor-management requirements?
Ligris is SOC 2 Type II compliant and maintains written policies, procedures, and security controls designed to address applicable CFPB requirements and ALTA best practices. We also understand the due diligence lenders perform on third-party service providers and are prepared to participate in lender vetting, assessment, and approval processes.
How does Ligris protect sensitive borrower and transaction information?
Our SOC 2 Type II compliance is supported by written policies, operational controls, and security measures designed to safeguard sensitive borrower and transaction information and support lender information-security and vendor-management requirements.
Does the Ligris team have experience working within banks and mortgage companies?
Yes. Several Ligris attorneys and operations professionals have worked at large banks and mortgage companies, giving our team firsthand insight into lender operations, documentation, compliance, deadlines, and customer-service expectations.
Why does the borrower’s closing experience matter to the lender?
The closing is often one of a borrower’s final interactions in the loan process. We protect the lender’s interests while providing clear communication, responsive service, and a professional closing experience.
Can Ligris coordinate with other professionals involved in the transaction?
Yes. We coordinate with loan officers, processors, underwriters, mortgage brokers, real estate brokers, accountants, and other transaction professionals to identify issues early and keep closings moving.