Asset Management

Professional and cost effective solutions for loss recovery and timely liquidation of REO properties, including: property preservation, title, closing, and curative services.
REO Asset Management Benefits include: secure technology platform to facilitate communication between broker, asset manager and client; robust and extensive nationwide real estate agent network and REO brokers; broker score system including training, inspections and meetings with all brokers; vendor network validation, including state license and E&O liability insurance verification; marketing plans and selling strategies for each asset, sent to client for review, feedback, and approval; complete internal accounting reconciliation with client accounting team; and robust reporting at loan level, monthly, and quarterly intervals.
REO Asset Management Services include: property preservation, tenant/property management, redemption management and coordination, cash for keys program (relocation assistance), BPO and appraisal ordering and reconciliation, aggressive marketing and follow up driven by days on market, title review including direct coordination with client’s closing attorneys and/or title companies, title curative wherein resolution is attempted through communication with all transactional parties, foreclosing attorneys and borrower representatives, offer negotiation and contract execution, closing service coordination, and vendor compliance management.