1. First American REO Servicing offers asset disposition and management services to mortgage
ASSET DISPOSITION AND MANAGEMENT SERVICES
bankers, investment bankers and financial institutions across the United States. With nationwide
coverage and proven expertise, we provide our clients the resources they need for prompt loss
Advanced technology. Optimized efficiency. The Internet transaction portal for REO. recovery and timely liquidation of their non-performing assets.
Maximized results. First American also provides the internet transaction
[ Asset Disposition and
First American REO Servicing technology is portal of choice for the REO industry – REOSource.
revolutionizing the Asset Management System. We REOSource generates immediate exposure for
understand client needs and we are the experts at property listings by sending daily e-mail alerts go out
customizing unique business requirements. Our ability
to sustain performance throughout a constantly
changing marketplace has enabled our systems to
to more than 400,000 registered homebuyers,
investors and agents.
REOSource helps you, the lender, sell your
Management Services ]
meet and exceed your objectives and goals.
properties faster, and gain widespread property
An integral part of First American REO Servicing exposure. On average, each property is sent to
Technology strategy is to provide our clients with a 1,350 registered buyers in the particular area it is
footprint that accurately maintains a nationwide located in. This marketing tool helps turn over Providing superior REO disposition services
database of inventory, thereby optimizing efficiency inventory at a faster rate. since 1995.
and maximizing results.
REOSource works directly with major lending $1.2 billion in assets evaluated, managed and
First American has created a suite of client services institutions across the United States to market their sold by seasoned professionals for government
and private-sector clients.
including the Enhanced Delivery Information System foreclosure properties to a growing community of
(EDIS), through which client specific information investors, real estate agents and prospective Diverse and specialized staff draws from
extensive industry experience spanning all
captured and electronically forwarded through E- homebuyers. By creating this direct relationship with
phases of asset marketing, default
mail, access to automatically updated information in sellers and their real estate agents, REOSource management, mortgage banking and loan
real-time and AMS-Online, which provides Internet ensures that property information displayed on the servicing.
access to over 400 REO and default data fields high website is both timely and accurate. And National network of attorneys, title companies
capacity volume generated producing accurate ReoSource's commitment to data quality gives and appraisers experienced in Real Estate
Owned (REO) assets, defaults, foreclosures and
information and results. buyers a high degree of comfort that the properties evictions.
In addition, we offer a client-customized report appearing on the REOSource website are actually
Vendor management database of over 25,000
builder, access to new property data received via available for sale.
Web Service, Excel/XML and online and online Backed by the reliability of First American.
document retrieval and viewing. We have created a First American REO Servicing is a key component of
paperless environment which includes electronic First American's family of default management
transfer of BPO, Appraisal, Marketing solutions. The strength and industry leading
Plans, MSR, Contracts, HUDs, etc., scanned and dedication of First American backs us every step of
advertised pictures and access to the industry’s the way with the most responsive support available.
systems such as FIS (Alltel), MortgageServ, Fortracs, Call us today to learn more about how our default
LSAMS, and more solutions will work for you.
First American REO Servicing
717 17th Street, Suite 200, Denver, CO 80202
866.462.8749 q w w w. f i r s t a m re o . c o m w w w. f i r s t a m . c o m
2. THE FIRST AMERICAN CORPORATION
PRODUCTS AND SERVICES
Credit Reporting Information
Appraisal and Property Valuation First American REO Servicing provides aggressive REO
Flood Determination and Compliance
Mortgage Document Services
Loan Fulfillment Solutions strategies through innovative marketing solutions and
Vendor and Transaction
Default Management Solutions: an exceptionally progressive approach to technology
National Default Outsourcing
Foreclosure Trustee Services that emphasizes the need for flexible and seamless
Claims Processing integration with varying client platforms. Simply
Broker Price Opinons
Default Title stated, asset management and disposition are our core
Closing Management Service
Asset Disposition and Management Services
Escrow Servicing Products:
Residential Real Estate Tax Reporting
Mortgage Servicing Software Systems
Commercial Real Estate Services: First American REO Servicing is dedicated to leading
Tax Valuation (Consultant)
the asset management industry on a national basis.
TITLE INSURANCE AND SERVICES Our experienced staff recognizes the complexity
Residential Title Insurance
National Commercial Services
International Title Insurance inherent in improving turn-rate times. More
Eagle 9™ UCC Insurance
National Homebuilder Services importantly, they possess a keen understanding of the
National Relocation Services
Vacation Ownership Services
National Default Title Services impact that non-performing assets have on risk
Equity Loan Services
1031 Tax-deferred Exchange Services exposure, lost opportunity, and loss severity.
Title and Escrow Systems
Aircraft and Vessel Title Insurance
RESIDENTIAL REAL ESTATE
TECHNOLOGY AND SERVICES
Property Information and Map
Title Plant and Document
All You Need To Know ®
Database Management Services and
Document Imaging Systems
Property Valuation Services
Property Disclosure Information
CREDIT INFORMATION First American
SPECIALTY INSURANCE AND
PROTECTION REO Servicing