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REO Servicing
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REO Servicing

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  • 1. REO Servicing Comprehensive, nationwide asset managment and disposition to quickly liquidate your REO. Managing and marketing REO assets today goes well beyond the historic challenges of finding a buyer and closing. Effective REO Management requires comprehensive, nationwide asset management and disposition. First American provides asset management and disposition solutions to mortgage lenders, servicers, and investors nationwide. Using customizable REO technology, nationwide panels of experts and the full resources of First American, we provide client- specific, end-to-end solutions to liquidate your non-performing assets. First American REO delivers end-to-end asset management through a full range of services including property recovery, inspection and preservation, valuation solutions, marketing, online reporting, and expense processing. Asset disposition services include offer/negotiation management, national auction services and REO-specific closing and title services. First American REO Servicing provides: ddTime-saving, customized technology ddImmediate, high-profile property listing exposure s Online Offer Management System enables offer s Proactive Internet marketing and transaction portal negotiations in real-time helps speed inventory turnover s Real-time standard and customized reporting including s Subject proximity broker selection from trained, portfolio overview and analysis give you the exact experienced, and graded REO brokers information you need—consistently and conveniently s On-line, ballroom, and on-site auction services available s Customizable billing and reimbursement schedules meet your unique requirements ddStrength, stability and resources of First American s Paperless process from contracts to online auction s Financial strength and dependability of a Fortune 500® bidding reduces errors, speeds turn times, and improves company with an impressive 100+ successful years your bottom line in business s World-class, redundant data centers with full business ddTalented, tenured staff and resource network continuity and disaster recovery processes s Client-based, dedicated, and highly experienced team s Compliance with all applicable laws and regulations of industry experts provide consistent, professional such as Sarbanes-Oxley, Gramm-Leach-Bliley, SAS 70 service levels data integrity s First American’s proven national network of high-quality brokers, attorneys, title companies, and appraisers provide you exceptional knowledge and service in managing and marketing REO assets s Experienced eviction and closing staff provide legal updates and title resolution 800.508.8733 ▼ www.firstam.com ©2008 The First American Corporation ▼ NYSE:FAF FAREO-0001-120808-02

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