TAMPA, Fla., April 2009 - Tampa-based ProVest LLC, a national process server management company for the default servicing industry, announced it is working with 16 of the top 20 mortgage servicers, as well as a GSE to locate delinquent homeowners the companies have been unable to contact. The company made the announcement at the Mortgage Bankers Association's National Mortgage Servicing Conference & Expo in February.

ProVest explained once these obscure homeowners are located, servicers then have the ability to educate them about alternatives to foreclosure and help save the home from going into foreclosure.

ProVest currently searches for upwards of 100,000 borrowers every month, locating more than 55 percent of the individuals. The company said it successfully located a large percentage of "no contact" borrowers in 2008 and is expanding these efforts in 2009 as the servicing industry leverages additional tools to increase home retention.

According to Scott Strady, CEO of ProVest, lack of knowledge is one of the most critical factors stopping homeowners from being able to save their home, whether because homeowners were not contacted in time or did not understand the home retention options available.