LandAmerica Lender Services Introduces eZLoss Mitigation for Mortgage Lenders and Servicers

RICHMOND, Va., Aug. 3 /PRNewswire-FirstCall/ -- LandAmerica FinancialGroup, Inc. (NYSE: LFG), Fortune magazine's number one Most Admired Companyin the mortgage services industry, announces the release of eZLossMitigation, a new solution for mortgage lenders and servicers to bettermanage problem loan portfolios and improve overall profitability.LandAmerica Lender Services supplies the industry with default managementservices assisting its clients in curing delinquencies and reducing overallloss severity. With eZLoss Mitigation, mortgage lenders and servicers can outsourceall or part of their loss mitigation processes, including skip tracing,hardship packages, and various workout options. Powered byBackInTheBlack(R), LandAmerica's premier web-based default managementplatform, eZLoss Mitigation is delivered through LoanCare Servicing Center,Inc., LandAmerica's rated mortgage subservicing subsidiary." Effectively managing problem loan portfolios without adding employeesis a growing challenge for mortgage lenders and servicers across thecountry," said Gene D. Ross, President - LoanCare Servicing Center. "WitheZLoss Mitigation our clients receive the support they need to managedelinquencies, while enabling them to reduce fixed costs and boost overallprofitability." For more information about eZLoss Mitigation, contact Gene Ross,President, LoanCare Serving Center, Inc. at (757) 893-1345 orrossg@loancare.net or Greg Harney, Vice President - Sales and Marketing,LoanCare Servicing Center, Inc. at (336) 812-8009 or gharney@loancare.net. About LandAmerica Financial Group, Inc. LandAmerica Financial Group, Inc. is a leading provider of real estatetransaction services with over 900 offices and a network of more than10,000 active agents. LandAmerica serves agent, residential, commercial,and lender customers throughout the United States, Mexico, Canada, theCaribbean, Latin America, Europe, and Asia. LandAmerica is recognized asnumber one in the mortgage services industry on Fortune's 2007 list ofAmerica's Most Admired Companies.