Overland Park, Kansas (PressExposure) April 17, 2007 -- With all the fraud and corruption going on within the mortgage industry itâs nice to know that there is a service that can clean up the mess so that this industry can start to move forward again. With the economy being directly impacted by the mortgage industry and the recent destructive sub-prime market itâs important, now more than ever, to iron out the wrinkles and move on. Since 2003, the FBI reported, mortgage fraud almost reached 10,000 cases. In 2006 the reported cases almost topped 40,000. With losses in 2003 just over $0.2 billion to at the end of 2006 just under $1.0 billion. The mortgage industry canât afford to stay on this current course. New procedures and services are no longer a must but now a requirement.
Corporate Shutdown Solutions, Inc. has deployed their services as a direct combatant to this problem. These services, carried out by CSSâs closing specialist, provide CSS with a wide open market to grow and a way to get Mortgage-Corporate-America back on track.
Currently Mortgage Fraud has been the cancer eating away at Wall Street, Banks, Brokers, Lenders, Originators, Title Companies, Real Estate Companies, and Appraisers. This leaves the Federal, State, and local authorities scrambling for damage control. In a ever changing market, authorities will be looking to deliver many blows to any corporations caught out of compliance. Depending on the level of fraud within an organization the costs can be staggering, fines, felonies, loss of license, foreclosure, buybacks, and even prison time. Making the front page for the wrong reason is just not an option.
CSS offerâs extensive services to corporations in need, large or small and has 20 years of Mortgage Industry knowledge at their helm. CSS provides peace of mind for it's clients when a situation turns bad, proper shutdown procedures are a must. Having the right tools and procedures, that have been time tested, corporations can now eliminate some of their liabilities and bypass losses that they no longer have to worry about.
In a market of confusion and turmoil corporations, that have branches under their umbrella, now have a service that will go in, terminate all branch employees, recover all corporate property of any kind and even give a detailed report about the whole event and what was collected. Not only is this service a corporate write off but corporations can show that they did their due diligence when the state banking commissions come calling.
Corporate Shutdown Solutions, Inc. was formed in January 2007, with a simple goal in mind, to eliminate mortgage fraud and shutdown branches for corporations. Since CSS's inception, CSS has found that it's business model has fit the needs of many corporations that just want a branch of their company shutdown.
CSS was founded by two industry leaders in the area of branch shutdowns. Tim Sanford and Shawn Sasser have shutdown over 100 branches stemming from fraud, embezzlement, layoffs and corporate liquidations just to name a few.
CSS now services the US and Canada with a one year goal to service the UK.
For more information visit : [http://www.corpss.org]