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Butler & Hosch, P.A. is a regional law firm with more than 40 years of experience servicing the residential mortgage default and foreclosure industry. In the third acquisition in less than a year, mortgage banking industry law firm Butler & Hosch, P.A. announced that it will acquire Atlanta-based McCurdy & Candler, according to Housing Wire. The deal is in the final stages of the acquisition process and the terms of the deal have not been disclosed.
Sid Gelernter, managing partner of the McCurdy & Candler, LLC practice, stated that “We are looking forward to the strategic partnership with Butler & Hosch and the operational support that a national platform will provide to our organization.”
Butler & Hosch has been quickly expanding its presence. It reported that it will acquire Seattle, Wash.-based Regional Trustee Services Corporation. Regional Trustee Services provides non-judicial foreclosure services to mortgage servicers, investors and outside law firms in eight West coast states. In May 2013 the mortgage firm also acquired Cal-Western Reconveyance LLC, which was once one of the largest trustee companies in the nation, after the trustee company’s then-parent Prommis Solutions had filed for Chapter 11 bankruptcy protection earlier in the year. And in August 2013 according to DS News, multistate law firm Butler & Hosch, P.A. opened a new office in Tampa and was growing its Miami location.
Chris Rebhuhn, president at Regional Trustee Services, said “We are looking forward to the strategic partnership with Butler & Hosch and the operational support that a national platform will provide to our organization.”
Butler & Hosch officials said in a statement that the two companies are completing the due diligence process this week and expect to finalize the acquisition by the end of the month.
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Image Credit: www.dsnews.com
