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Servicing

Denver-based foreclosure law firm rebrands

Law firm Castle Stawiarski was rebranded to The Castle Law Group. Partners Caren and Larry Castle split from partner Leo Stawiarski Jr., who will renew his focus on his affiliated collection firm Stawiarski & Associates

In 2011, HousingWire recognized Caren Castle, as an influential woman of the housing economy in mortgage servicing. 

Caren Castle and Larry Castle currently operate the law firm in Denver, CO., though there have been some recent challenges for the team.

In November, the law firm announced its operations were unaffected despite the lawsuit filed by a Wisconsin-based hedge fund for $30 million.

The case focused on more than 25 different companies that manage and track foreclosures that were either established by Castle or bought out by company holdings. 

Castle Stawiarski and The Cooper Law Firm announced that the companies since completed their back office processing operations transaction. As a result, all claims between the law firms and RP holdings were also settled.

"The purchase of the ancillary default services assets has allowed us to ensure that there will be continued cooperation and continuity of services without any disruption," said attorney Larry Castle in the statement.

He added, "Most importantly, our clients will see no change or interruption in the processing of their files as a result of the settlement." 

Back in March 2011, HousingWire sat down with Starwiarski who specified the need to track down and collect the outstanding second lien.

At the time, he discussed his company’s strategy at LCS Financial Services, a service that tracked down borrowers in an effort to collect the second lien.

"To make this decision, a lender needs to first perform an equity analysis and determine the best course of action as it relates to the property," he said.

cmlynski@housingwire.com

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